While a slowdown in downstream media industries hindered the industry's growth during the recession, demand will pick up over the next five years. As online content expands to mobile devices, tablets, TVs and gaming consoles, news syndicates will have greater public exposure, spurring demand. Furthermore, news syndicates will look to provide customers with less costly, easier and faster access to more content over the internet.
This industry includes companies engaged in supplying information on current events like news reports, articles, photography and features to the news media. Independent writers, journalists and photographers are not included in this industry but are within the scope of the Performers and Creative Artists industry (IBISWorld report 71151).
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.