The future of media is bleak, Reuters Institute says

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Media across the world are cutting staff to cope with a dramatic fall in advertising revenue.

The coronavirus outbreak has prompted a significant increase in news consumption but the economic turmoil is forcing news businesses to accelerate their move to digital, The Reuters Institute for the Study of Journalism said.

The coronavirus lockdowns prompted a global rise in viewing of television and online news though concerns about misinformation remain high, with Facebook and WhatsApp seen as the main channels for spreading so-called “fake news”.

 

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