Corporate news is a term for a newspaper, radio station, television channel or other media outlet that is owned by a corporation. This ownership status makes it difficult for these outlets to maintain an image of objectivity or neutrality, as journalism has traditionally strived for. This has led to declining subscriber numbers for newspapers and radio stations, and decreased advertising revenues for television channels and television news programs. This has left the industry ripe for acquisition by corporations looking to cut costs and increase profits.
As a result, large corporations now own the vast majority of news outlets in the United States and many other countries around the world. This trend has been accelerated by the Internet, which has made it possible for people to read and watch news from all over the world at any time of day.
This means that it is no longer necessary to wake up at the crack of dawn to catch the morning paper or wait for the six o’clock news. People can now access current events at any time on a wide variety of devices and platforms, leaving corporate news organizations struggling to find viable financial models and strategies for keeping up with the competition.