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The future of national news agencies in Europe - case study 4: business model innovation in media-owned national news agencies

Jääskeläinen, Atte and Yanatma, Servet (2019) The future of national news agencies in Europe - case study 4: business model innovation in media-owned national news agencies. . London School of Economics and Political Science, Department of Media and Communications, London, UK. ISBN 9781909890565

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Identification Number: 10.21953/lse.1oelxlquslqm

Abstract

This study examines business model innovation in media-owned national news agencies through a case-study analysis of the Press Association (PA) (UK), TT News Agency (Sweden), and Austria Presse Agentur (APA). Responding to growing competition and technological changes, all these agencies have pursued a search for new business models. We argue here that these agencies have diversified their business in two key ways: by building new value-added products and services and by searching for new corporate and institutional customers. They have all adopted an innovative, diversified model that can be conceptualised as a multi-sided platform. The nature of this business model means that, while the subsidising of one side of the platform may be necessary, operating a news wire service at the core of the company, even with a negative margin, may be a financially viable business model.

Item Type: Monograph (Working Paper)
Additional Information: © 2019 The Authors
Divisions: LSE
Subjects: P Language and Literature > PN Literature (General) > PN1990 Broadcasting
Date Deposited: 08 Feb 2019 12:21
Last Modified: 16 Nov 2019 00:47
URI: http://eprints.lse.ac.uk/id/eprint/100067

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