Function of News Media

News Media’s Lost Revenue Model

The steep decline of both reader circulation and advertising revenues are the drivers of the destabilization of the US newspaper Industry.  This study from the Pew Research Center in 2017 graphically reveals these disturbing trends.

The data shows that the steep circulation volume decline has been accompanied by modest increases in total circulation revenue, which we can assume has a lot to do with consistent price increases.


The disturbing implications of these trends which directly threaten American democracy include: