Facebook and Other Platforms 'Will Rob UK News Industry of £450m by 2026'

Posted Wednesday, August 24, 2016 11:45 am

Jasper Jackson | The Guardian

Platforms such as Facebook will suck as much as £450m out of the UK news industry in a decade’s time, according to a new forecast.

A report by strategy consultants OC&C predicts that news producers, especially newspapers, are still to feel the full impact of the shift by younger generations to using social media to find their news.

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Facebook and Other Platforms 'Will Rob UK News Industry of £450m by 2026'

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