Is the future of 24-hour news channels being questioned?
In the world of television news, the landscape is undergoing a significant transformation. The demand for instant and constant news, particularly among younger generations, is intensifying, marking a shift towards online consumption of news and entertainment.
According to data from 2013, 55% of Americans got their news about current events from television. However, this figure may be changing as the way we watch television evolves. In the same year, 26% of television news viewers did not specify the channel they used, while 8% used FOX News and 7% used CNN.
This shift is not a recent development. The evolution of TV has been marked by a shift towards online consumption, with cable TV viewing over the Internet growing by an impressive 388% in mid-2014 compared to the same time in 2013. This trend is reflected in the behaviour of younger generations, with 52% of 18 to 29-year-olds naming the Internet as a major news source in 2010, compared to 65% who used television. By 2013, TV remained Americans' main source of news, but the gap was narrowing.
The future of TV may be dominated by Internet TV, as online viewing continues to soar. In fact, in 2014, CBS launched its own 24-hour news channel, but it is only available online. Major 24-hour news channels like CNN, BBC World News, and France 24 have experienced significant changes in their reach due to the rise of the internet and digital platforms over the past 20 years, expanding their audience globally through online streaming, social media, and mobile access.
However, this shift presents challenges for dedicated news channels, which are expensive to run. They may need to adapt to keep up with the changing market, as younger generations are less likely to consume news through traditional means. The question of whether 24-hour news stations have affected society is a matter of debate.
The Internet has gained on television as a primary news source, with more people, especially young people, reading their news and watching their favorite TV shows online. This trend is evident in the statistics, as in 2007, only 5% of Americans aged 65 and older relied on the Internet for news, compared to 13% in 2010.
In conclusion, the way we consume news and entertainment is changing, with a growing trend towards online consumption. As the Internet continues to evolve and offer more options for news consumption, it will be interesting to see how traditional news channels adapt and how this shift affects the news industry as a whole.
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