Television news has been—and currently remains—the most powerful platform in the world for news and information. For more than 50 years, it enjoyed a privileged position in a low-choice environment with large audiences and high levels of trust. But of course the Internet has changed that. We now live in a high-choice environment with rapid changes in technology and consumption to which TV news is having to adapt.
These changes have been known and debated for more than a decade with warnings about the imminent end of scheduled TV—so many take comfort from its continuing strength. But, as with many structural changes, the impact is often overestimated in the short term and underestimated in the long term.
The full force of digital disruption which has run through the newspaper industry is set to do the same to TV News.