Fighting for quality news media in the digital age.

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May 9, 2024updated 10 May 2024 8:22am

Dow Jones, NYT, Dotdash Meredith and Informa confound news business doomsters

Financial results and updates suggest news business may be on the up in 2024.

By Dominic Ponsford

Headlines like this in the FT – “Is AI about to kill what’s left of journalism?” – contribute to an atmosphere of gloom around the prospects for the news industry.

But this week there were multiple signs that parts of the news business, at least, have grounds for optimism.

This is reflected by stock market investors returning to media shares after a two-year slump — although it is too early to say whether this is just a brief rebound.

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