You are here

Covid-19 could deliver fresh hit to staggering media sector

Impact is expected to be especially difficult for ailing newspaper business

BT_20200316_NVMEDIA16_4061175.jpg
News organisations are expected to take a hit from drops in advertising in an economic downturn, and could see declines in subscription revenue as readers pare expenses.

Washington

THE ailing US news industry is bracing for more turmoil with the novel coronavirus pandemic expected to deliver an economic shock to the sector - just when people need credible information the most.

The impact is expected to be especially difficult for the newspaper...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes