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Perhaps, but regarding the pandemic, I would assume the pandemic would cause people to read more digital news than before, simply because they have more time to
by Clubber 6y ago
Perhaps, but regarding the pandemic, I would assume the pandemic would cause people to read more digital news than before, simply because they have more time to do so.
For example, video game sales have had a really great last quarter.
- cawlin 6y agoI suspect many people are avoiding news plus video games act as escapism and for many a form of socializing.
- whatok 6y agoConsuming more of this product does not necessarily lead to an increase in revenue.
- ardy42 6y ago> Perhaps, but regarding the pandemic, I would assume the pandemic would cause people to read more digital news than before, simply because they have more time to do so. People may read more during the pandemic, but the advertisers are advertising less: https://www.reuters.com/article/us-health-coronavirus-vice-media-layoffs/vice-media-lays-off-155-employees-as-coronavirus-pandemic-wipes-out-ad-revenue-idUSKBN22R2N3 https://www.reuters.com/article/us-health-coronavirus-vice-m...: > Vice Media lays off 155 employees as coronavirus pandemic wipes out ad revenue > ...The cuts come as the news media industry suffers from an epic drop in advertising revenue as companies cut spending amid the pandemic. > Digital media companies, including Quartz and Buzzfeed, have slashed jobs, furloughed employees and cut salaries in an effort to survive the outbreak.
- Voloskaya 6y agoVice doesn't make money from readers, they make money from advertisers, who have dramatically reduced spending since the beginning of the pandemic.
- Taylor_OD 6y agoPeople may be reading more news but if ad sales are down because revenue is down at companies who normally buy those ads that it doesn't matter how many views their new stories are getting.