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, AI use in news will become more prevalent, and trust is an ongoing issue for consumers across the globe.

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 2023

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Further details: Visit original statistic Share of consumers who paid for online news content in selected countries worldwide in the last year as of February 2023

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 online, it is unsurprising that most consumers prefer getting their news on for free. In fact, social media and broadcast television are now the most popular news sources worldwide, and TikTok is especially popular among younger generations..

News subscriptions worldwide
Gen Z news consumption in the U.S.
News consumption worldwide

Market segments

Digital largely replaced print, but broadcast TV news survived the shift

Sources for news consumption in selected major media markets worldwide as of February 2023, by type

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Further details: Visit original statistic Sources for news consumption in selected major media markets worldwide as of February 2023, by type

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.

TV news in the U.S.
News consumption worldwide
Newspaper industry 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 2023

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Further details: Visit original statistic Most trusted sources of general news and information worldwide from 2011 to 2023

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.

Social media news consumption 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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Further details: Visit original statistic Market capitalization of the leading news companies worldwide as of November 2020 (in million U.S. dollars)

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.

Newspaper ownership in the United Kingdom
News deserts in the U.S.
News in the U.S.

State of the industry

  • False news in the U.S.
  • False news worldwide
  • Fake news in Brazil
  • Fake news in India
  • Fake news in Europe
  • Fake news in Italy
  • News media in the United Kingdom (UK)
  • Digital news in the United Kingdom (UK)
  • News consumption in Italy
  • News in Canada
  • News consumption in South Korea

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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