News

The world of news is by its nature fast-paced and prone to change. This multifaceted and evolving industry is made up by print, broadcast, and online news media, the latter of which is growing rapidly in popularity and scale. Modern news consumption is veering away from traditional formats and print publications struggle, and whilst some have proved adaptable and shifted their customers from physical to online subscriptions, most online news is free, giving these platforms an edge on print publishers. Additionally, printed newspapers provide only snapshots, and many online papers now publish news in a live blog or vlog format, keeping consumers up to date with current events as they happen. As the world moves deeper into the digital age, traditional news formats like radio and print will continue to suffer. At the same time, false news spreads further and more quickly online and will become a more serious problem unless consumers learn how to properly discern between fact and fiction.

Share of consumers who trust traditional media for news
61%
Country with the highest percentage of people paying for online news
Norway
Country with the lowest share of people using social media for news
Japan

Industry Insights

News in the U.S.

Study

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Consumers

Where do consumers get their news and do they pay for it?
Share of consumers who paid for online news content in selected countries worldwide in the last year as of February 2021
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Modern news consumers prioritize digital publications over print, but most are reticent to pay for online news content. More platforms are introducing digital subscription models or adding paywalls to generate revenue, but with unlimited access to news on social media, online newspapers. and even YouTube, it is unsurprising that most consumers prefer getting their news on the internet for free. In fact, social media and broadcast television are now the most popular news sources worldwide.

News consumption in Italy
News in the U.S.
Online news in the Nordic countries

Market segments

Digital superseded print, but broadcast TV news survived the shift
Sources for news consumption in selected countries worldwide as of February 2021, by type
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Whilst print and radio news are in decline, broadcast television news remains popular and is holding up well against digital platforms. The majority of consumers in regions reaching from Germany to Argentina now get their news via television or online each week, whereas print news consumption is dwindling globally. Meanwhile, in mobile-first and mobile-only markets like Africa, the future of news will be confined to online publications, search engines, and social networks.

T.V. news in the U.S.
Fake news in the U.S.
Cable T.V. in the U.S.

Industry trends

Social media is the most used but least trusted news source
Most trusted sources of general news and information worldwide from 2011 to 2020
Further details: Visit original statistic

Using social media as a news source is fast becoming the norm for consumers around the world. Social networks make news more accessible but also lead to the quicker dissemination of false news and increase the risk of audiences encountering misinformation. Despite this, social media news consumption continues to grow as traditional news media readership wanes, despite the latter being considered more reliable.

Print media in the U.S.
Fake news worldwide
Social media usage worldwide

Industry leaders

Which are the world’s biggest news companies?
Market capitalization of the leading news companies worldwide as of November 2020 (in million U.S. dollars)
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The largest news company in the world is News Corp. with a market cap of 7.9 billion U.S. dollars. Following closely behind is The New York Times Company with a market capitalization of 6.8 billion, though News Corp. far outperforms its competitor when it comes to annual revenue, generally pulling three times the figure generated by The NYT. Ranked third is the UK's leading news organization Daily Mail and General Trust plc, with a market cap of 1.8 billion U.S. dollars.

Revenue of News Corp., by segment
Reach of Daily Mail and The Mail on Sunday in the United Kingdom
New York Times Company: digital news subscribers

Industry Definition

The Statista platform provides a variety of statistics pertaining to the news industry, ranging from survey data on news media consumption and coverage to financial figures for the largest news companies in the world. In this section, our users can find information about how consumers read, listen to, and watch news, learn about the perception of and exposure to false news, and explore financial reports detailing advertising, circulation, and subscription revenue for major news companies. Additionally, insights are given into employment and diversity in newsrooms and journalism, consumption of local and national news, and the perceived credibility of popular news sources and platforms.

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