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76% of publishers have “accelerated their plans for digital transition”: Here’s how (A Reuters Institute report)

What's New in Publishing 13 Jan 2021 08:00

Promising new revenue streams include eCommerce (spending to reach $7T in four years) and podcasts ($3.3B by 2025) 

Reuters Institute for the Study of Journalism has published a new report which looks into how publishers responded to Covid-19 and what that means for 2021 and beyond. 

“2021 will be a year of profound and rapid digital change following the shock delivered by Covid-19,” writes Nic Newman, Senior Research Associate, RISJ. “Lockdowns and other restrictions have broken old habits and created new ones, but it is only this year that we’ll discover how fundamental those changes have been.”

“Revenue diversification is set to be a key theme”

The report, Journalism, Media, and Technology Trends and Predictions 2021, is based on a December 2020 survey of 234 publishing industry representatives from traditional and digital-born media companies across 43 countries. They include 52 Editors-in-chief, 45 CEOs or Managing Directors, and 29 Heads of Digital.

It has become something of a cliché to talk about Covid-19 as an accelerator, but in this year’s survey, editors, CEOs, and other senior leaders have given us a practical insight into what this has meant for them. 

The full report can be downloaded from Reuters Institute:
Journalism, media, and technology trends and predictions 2021

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Nic NewmanRISJCovidVox Media
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