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News Agencies – Why They Do What They Do
News Agencies – Why They Do What They Do
While newspapers continue to shed print subscriptions, online-only publications have seen large increases in their traffic and revenue. The Wall Street Journal, Financial Times and the Chicago Sun Herald have expanded their news bureaus to more than 800 news websites. A number of prominent bloggers and politicians have also chosen to make news commentary their source of income. As a result, the field of news coverage has expanded to cover a greater spectrum of topics and interests.
One of the key components of any news agency or news service is a newsroom. This area consists of dedicated staff to manage the resources of the newsroom. The primary function of the newsroom is to produce news content and to manage the distribution of that content through various media. While many newspapers have cut their news department workforce in recent years, larger news agencies such as the New York Times have maintained a large staff to handle both production and distribution. While newspapers have seen large job losses in recent years, smaller news agencies have enjoyed significant increases in revenue and employment.
Distribution and editing remain a core component of news services. News organizations rely heavily on a number of different forms to reach their audience. For example, traditional news services such as wire services or wire service providers typically provide text and video reports. Web based applications such as blogs allow for news agencies to publish articles and stories to the Internet. In addition, traditional news agencies often provide video reports to radio stations and television networks. While there are a number of news services that offer both online and Internet based distribution capabilities, it is usually the case that traditional news agencies retain their exclusive distribution power and share with other news services.
The creation of news pieces is a critical part of news agencies. In the United States, this responsibility falls exclusively on the newspaper industry. Many newspapers submit original news content and news packages to news agencies and then take the news to publication. This process typically includes the newspaper’s news department and copy editors working with reporters from various news agencies throughout the country to create a daily news package. Many newspapers also outsource specialized news packages to other news agencies and newspapers around the world.
Production of the news content is a highly competitive aspect for news agencies. A variety of factors are involved in determining the production schedules of individual news agencies. Factors such as staffing and resources, budgetary constraints and the specific needs of a news agency to deliver a specific story can all affect the production schedule. It is important for news agencies to work closely with their newsgathering staff so that a well-balanced level of reporting occurs.
The development of a comprehensive news service involves many aspects of the news industry. While several news agencies have developed certain features to specifically meet their particular purposes, news agencies in general continue to face significant competitive pressures from new media outlets that are dramatically improving their ability to deliver news content. Although there are limited areas where news agencies remain relatively static, it is clear that new forms of media are quickly changing the way that news is distributed. The increasing power of digital news services and social networks like Facebook and Twitter have created a new set of opportunities for news agencies to compete more intensely with news agencies that have traditionally focused on local and specialty news content.