According to a new report from our center, local media have experienced a decrease in their advertising financing.
The tension between technology and news directly impacts the financing of media companies that focus on journalism, according to a new report published today by the Media and Journalism Research Center (MJRC), in collaboration with OBSERVACOM, the University of Santiago de Compostela (USC) in Spain, and the Autonomous Metropolitan University Cuajimalpa in Mexico.
Given that the advertising industry is placing its investments in various digital platforms to the detriment of media companies specialized in news, there is a crisis in the Mexican media, primarily in local media that have significantly reduced revenues from advertising, according to the authors of the report, a team of researchers led by Rodriguez Gomez.
On the other hand, there is an alarming concentration in the different segments of the telecommunications, media, and internet markets in Mexico. This concentration generates significant control of data and information by major global players, almost all of whom are from the U.S.
“Mexican journalism, in this milieu of technological and convergent change, confronts a variety of challenges but simultaneously has many opportunities. On one hand, there are chances to access previously unthinkable sources of confidential information that reveal the power of both private and public entities, thereby aiding in the development of a robust public sphere. Conversely, certain tools and spyware pose a threat to journalistic work,” according to the report.
The report can be read here.
Photo by Jorge Aguilar on Unsplash