¶ … technology such as the internet has a negative impact on the news industry and how it is going down. This paper goes on to consider the how modern technology has effected the news industry and in what way and what is being said about this decline on the news by journalists, news companies by examining extant literature on journalists and how they are working with new technology, blogging, twitter and such kinds of technology. The advantages and disadvantages of using such technologies are also explored. The paper also explores how the news industry makes money from technology as well as how the technology might make them bankrupt. Their opinions are sort in this paper. Statistics on the decline of the news industry are also presented as well as the possible long-term effects of technology adoption on the news industry are also explored.
Context
This paper is written within the context of journalism. The aim of this paper is to investigate the danger that internet technology poses to the current and future news industry and how these dangers can be leveraged.
Hypothesis
H1: Usage of internet technology leads a decline in the circulation of printed edition news paper and hence low revenues from newspaper sales.
H2: Usage of internet technology leads to a reduction in advertisement revenue
Rationale
The rational of the study is based on the fact that the adoption of internet technology has lead to a more open society where information flows freely and at very minimal charges. The usage of internet technology has also been noted to lead to a reduction in advertisement revenue since most advertisers resort to internet-based advertizing which is more targeted (Graham & Smart 196). These changes are what prompted us to suggest that the reliance on internet technology as a source of news is most likely to lead to major bankruptcies within the news industry.
Literature review
Extant literature has been dedicated to the effects of internet technology on journalism. In this section, we present a literature review on the negative effects of internet technology on the profitability of the global news industry. The work of Graham and Smart indicated that the global newspaper industry is undergoing very significant changes (Graham & Smart 196).They noted that recent technological development such as the advent of Web 2.0 technology has led in consumers, especially the younger ones who are commonly referred to as "net natives"
, becoming some much increasingly unwilling as well as unaccustomed to paying for any kind of news.Online consumers therefore, prefer to read sections of the news agenda and ten move around from one media or news outlet to the next. This activity has led to "atomization" and "commoditization" of news (Currah 5).
The work of Freer suggested that the greatest challenge facing the news industry today is the changing means of news distribution via the cutting edge platforms such as the internet and IP telephony (Freer 101) that can seamlessly deliver texts, news, blogs, podcast, news updates as well as other forms of user generated content to the "consumers" at an increased pace and in formats that are more accessible and readily available to the consumers. Newspapers are therefore being forced by their readers to employ internet in changing as well as adapting their style, content as well as design as a response to the various challenges poised by the consumers themselves and the advertisers.
The shift of readers' attention from the print media towards reading news from online sources has meant that advertisers have to move along by concentrating their resources in online advertizing. This has led to a gradual shift of their attention from print towards online as well as other non-news channels as noted by Deuze et al. (223). The internet is noted to have taken quite a significant proportion of the usual classified advertizing away from the existing regional news media houses. For instance, Craigslist and such like websites that are offer more specialized classified adverts have posed serious competition to the newspapers since they offer latest, better and even cheaper ways of advertisements (Pincus 55). Due to these changes and realities, the global news industry has suffered massive losses associated with general loss of revenues. These losses render some of the news outlets bankrupt in some cases.
The newspaper industry the world over is undergoing radical changes. These changes has seen a gradual decline in the levels of circulation of print media as well as a general reduction in the level of advertisement...
Internet Gambling: Consumers, Industry, And Regulation Business Management Final Year Project Online gambling is a large and growing industry. Estimates from an industry consulting group indicate that as many as 2,000 firms worldwide are involved in offering a number of different types of online gambling, resulting in an estimated $25.4 billion in winnings and as much as twenty times that in revenue. Why is online gambling so popular, and what does this imply
Internet Protocol Version 6 (IPv6) technology, one of the technologies listed on Gartner's 2004 Hype Cycle that has high visibility today because new IPv4 addresses are nearly exhausted. On the 2012 Hype Cycle, IPv6 is now listed in the "Trough of Disillusionment," yet the U.S. government is still directing that transition to this protocol continue: Name at least three advantages that government organizations will gain by transitioning to IPv6 technology
Another field that has been affected by the Internet is that of the manufacturing companies whose using of outsourcing has significantly grown, thus enabling them to move much of their production to less expensive overseas locations. Though starting a new business on the Internet is often easier and less expensive than "brick and mortar" companies, many are reluctant "to put their critical information on it because it will be exposed" (Bill
Internet Inter-ORB Protocol (IIOP) Java Network Computing Technologies Internet Inter-ORB Protocol (IIOP) is a protocol that enables distributed programs located anywhere in the Internet to communicate with each other. It is an interoperability protocol that supports heterogeneous environments. IIOP offers possible communication between applications regardless of the platform and programming elements used in their development. IIOP is an element of Object Management Group's (OMG) standard architecture called CORBA (Common Object Request Broker Architecture).
At the bottom line, the issue at hand is with the sanctity and safety of the students and the responsibility of the university to preserve and develop that. Moreover, many of these students are dallying into multi-dimensional virtual worlds that are beginning to closely resemble the physical world and that are having their own ethical issues arise (Wankel & Malleck, 2010). Universities need to educate themselves as to what those
Internet and Global Finance Strategies Within the present competitive business environment, firms are continuously looking for various strategies to be ahead of their competitors and achieve competitive market advantages. Many firms have identified that internet technology is a powerful tool to enhance competitive market advantages. The traditional organizations have identified that internet is a powerful tool to deliver value to customer and presently, the internet technology has enabled firms to coordinate
Our semester plans gives you unlimited, unrestricted access to our entire library of resources —writing tools, guides, example essays, tutorials, class notes, and more.
Get Started Now