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CommentMonday, April 6, 2009

Online Journalists Optimistic About Future

Confident about revenue model

Online journalists are more optimistic about the future of their profession than those who work in traditional media, according to a new survey by the Online News Association and the Pew Research Center's Project for Excellence in Journalism.

A majority of those surveyed (57%) say the Internet is " changing the fundamental values of journalism." The biggest changes, the respondents said, were a loosening of standards (45%), more outside voices (31%) and an increased emphasis on speed (25%).

For the most part, online journalists say they have been spared the kinds of staff cutbacks seen in traditional media in 2008. Many (39%) reported staff increases compared with a year earlier. Another third said their staff levels have remained the same. Less that a quarter (23%) saw staff decreases.

When it came to revenue, 39 percent of respondents were "very confident" that online news would "find a profitable and self-sustaining revenue model, while 43 percent were somewhat confident. Only 11 percent were "not too" confident.

Confidence in Finding a Profitable Economic Model

Their comments reflected more stubborn optimism than a clear plan about the future. Ass the editor of an engineering Web site put it," It's a difficult environment for journalists with the double whammy of the Internet changing the game and a god-awful economy. We soldier on."

When asked what would likely be the most important form of revenue in three years, the majority (65%) of online journalists name advertising. Thirty-two percent cited display advertising, which has been the biggest source of online news revenue, 19 percent named search ads and 14 percent video ads.

 

About the author:
Mike is a staff writer for WebProNews.

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