Digital disruption is raising fundamental questions for the magazine and newspaper industries. This article highlights how economic shifts and competitive forces are triggering new strategies and wide divergences between markets.
As more news moves online and demand for news grows in emerging markets, global newspaper circulation will continue to increase while revenues decline. These countervailing trends will see 2015’s total global newspaper revenue of US$130.5bn fall to US$121.1bn in 2020, a compound annual decline of 1.5%
With newspaper revenue in Western Europe and North America already falling, the darkening economic outlook for China is seeing newspaper advertisers in Asia reduce spending. Partly as a result, Asia Pacific newspaper revenue is projected to suffer a compound annual decline of 0.7% to 2020. The bright spot globally will be Latin America, with a 2% CAGR helped by economic growth and successful digital charging schemes.
The Australian Entertainment & Media Outlook 2016-2020 highlights growth through diversity with a focus on talent, geography and business models.
This follow-up report explores consumer attitudes and preferences towards wearable technology - what’s changed, what’s improved, and what the wearable future has in store for the US and beyond.