Monday, 29 June 2015

Why is breaking a news stories a big deal in media business?

       Why is breaking a news stories a big deal in media business?


                                                      "Breaking news" in the news business can mean two different -- and somewhat contradictory -- things, depending on the context.

A breaking news story is a story of spontaneous origin that has just happened. Serious crimes, natural disasters, major court decisions, the deaths of notable people are all examples of breaking news stories. They often can't be predicted, so every news organization starts out at pretty much the same place in reporting the story.

 But it sounds like you're talking about the second definition. When a news outlet "breaks news," it publishes or broadcasts a story that no one else has. News organizations value these "scoops" for two reasons:
1. Prestige. If readers come to expect that a particular news organization will often break news on stories they care about, they'll read that newspaper or watch that channel first. That news organization will be able to recruit better talent as journalists seek out employers who are more competitive. And if the scoop is big enough -- say, a major scandal -- the outlet could be recognized by top journalism awards like the Pulitzer or the Polk.
 2. Audience. When a news outlet breaks news, there's a moment when it has a story no one else has. It may have invested days or even weeks of reporting, talking to the major players, digging up documents and forming the most complete picture of an issue. Everyone else is playing catch-up. Anybody who wants the most complete account will go to the original source, and competing outlets have an ethical obligation to acknowledge the reporting of a rival outlet. The result: More readers, viewers, and -- increasingly -- web "clicks."
  
Source : Quora 
                                                                          Thanking you,