The business of news journalism is a rapidly changing industry. With the rise of the digital era and smartphones, competition within the industry is greater than ever and news corporation giants are competing to get ratings and cover stories first. The public has instant access to news with the click of a button, which speeds up the race for journalists to “get the story”.
Ideals of Journalism- such as speaking truth and delivering quality stories backed by thorough research are being impacted by the new business of journalism. Journalists need to produce stories at a faster rate and accommodate writing for mobile phone accessibility, thus affecting the quality of writing and potentially the integrity of the news stories produced.
New online platforms such as Beacon– a “crowd funding” site which allows members of the public to fund journalists and their projects, is also having an impact on the business of journalism. Although this may be having a positive influence because it allows greater autonomy for journalists to investigate and report the stories that they and the public want told, rather than in the interest of news corporations and their need to sell stories.
In a world that is overloaded with access to information, the ideals of Journalism to be autonomous and deliver truth, is constantly being challenged.
Convergence- meaning the merging of different media platforms, impacts Journalism and Journalists on different levels. The introduction of different media platforms in the digital era i.e.- online news has created a very competitive market for journalism because a multitude of news data is readily available and instantly accessible online. This means that journalists need to adapt new strategies e.g. Mojo journalism, and creating UGS to keep up with the demand for instant online news availability- that can be accessed at any time of the day.
Convergence may create redundancies and operational shifts, due to Journalists adapting to more than only the role of reporting, and the need for print media is becoming less.
Once a news story is published online, journalists have no control of its further distribution- essentially it is owned by public. Thus, convergence is having a major impact on copyright and ownership.
News is being condensed for mobile usage and tweeting, which may affect the quality of journalism and the quality of writing.
A single media platform i.e. broadcast or print alone will not survive in the competitive digital era, as the majority of people consume news online or via mobile phones, thus convergence must take place in order for publications to maintain operation.
The use of multimedia journalism in the media today is very widespread and in this digital age, most media productions wouldn’t survive without it. Combining different mediums including text, video clips, audio, photographs and graphics, is a common practice in today’s online media.
“Convergence Journalism” is a form of cross-media cooperation and requires the Journalist to be multi-skilled in different areas ie; shooting, editing and publishing. Both multimedia and print versions of a story are produced in the same news room.
The impact that convergence culture could have on journalism and news business is that it could make certain media professionals redundant, as mojo journalists are now multi tasking- taking the role of reporter, cameraman, editor and publisher.
The new didgital age is creating a very fast turn around of stories and through the use of smartphones and online media, stories can be published for public access far quicker. Online multi-platfrom news stories may be edited and have their visual priority online changed throughout the day, depending on what is currently trending.