The good news for the news industry: Smart phones, tablet computers and social networks are bringing people back to traditional print and broadcast news outlets.
The bad news: The firms behind those technologies, especially Google and Facebook, may be better poised to make money from news stories than the companies that gather the information, according to a study released today.
The annual Project for Excellence in Journalism report, which examines emerging trends that represent both “a threat and a promise” for the news industry, even suggests that profitable tech companies like Facebook might one day buy a struggling newspaper to ensure the flow of stories.
