Title page
Contents
Executive Summary 5
Chapter 1. Why should we care about the future of journalism? 14
Introduction 14
1.1. What kinds of journalism matter most? 16
1.2. The wider landscape of news provision 17
1.3. Investigative journalism 18
1.4. Reporting on democracy 21
Chapter 2. The changing market for news 24
Introduction 24
2.1. Readers have moved online, and print has declined 25
2.2. Online news distribution has changed the ways people consume news 27
2.3. What could be done? 34
Chapter 3. News publishers' response to the shift online and falling revenues 39
Introduction 39
3.1. The pursuit of digital advertising revenue 40
Case Study: A Contemporary Newsroom 43
3.2. Direct payment by consumers 48
3.3. What could be done 53
Chapter 4. The role of the online platforms in the markets for news and advertising 57
Introduction 57
4.1. The online advertising market 58
4.2. The distribution of news publishers' content online 65
4.3. What could be done? 72
Chapter 5. A future for public interest news 76
5.1. The digital transition has undermined the provision of public-interest journalism 77
5.2. What are publishers already doing to sustain the provision of public-interest news? 78
5.3. The challenges to public-interest journalism are most acute at the local level 79
5.4. What could be done? 82
Conclusion 88
Chapter 6. What should be done? 90
Endnotes 103
Appendix A. Terms of Reference 114
Appendix B. Advisory Panel 116
Appendix C. Review Methodology 120
Appendix D. List of organisations met during the Review 121
Appendix E. Review Glossary 123
Appendix F. Summary of the Call for Evidence 128
Introduction 128
Appendix G. Acknowledgements 157