Online news services getting killed by smartphones
As a result, even those news sites that can build a large audience might not be able to convert them into paid subscribers. According to the Reuters Institute for the Study of Journalism (RISJ), only the most loyal readers of an online news site continue to use them. A report from Reuters says that while two-thirds of smartphone owners have at least one news app installed on their device, only one-third of those with such an app installed use it on a weekly basis. In certain countries the news media remains a highly believable source of information. 60% of people in Finland, Brazil and Germany still trust the news media. In the United States, Spain and Italy, only 33% believe what the media posts.
Other interesting stats cited by Reuters include one that shows that four-in-ten smartphone users in the U.S. and U.K. have turned to ad blocking software as they get increasingly upset with pop-up ads and banners. After reading a news article that was sponsored by a particular organization, one-in-three smartphone users felt like they were lied to or deceived. One-in-four said that sponsored articles negatively affect their opinion of a news organization.
If the internet connected PC was the first to stagger the online newspaper and news magazine business, the proliferation of the smartphone and tablet might have administered the fatal wounds.