State of the media: Not out of the woods by any means, but some reasons for cautious optimism

Gigaom

In its annual review of the media industry in the United States — which it published online early Wednesday morning — the Pew Research Center says the news business looks somewhat healthier than it has in past years, thanks in part to an influx of new investors and new jobs being offered by rapidly-growing digital-native entities like Vox and First Look Media. However, the report notes that traditional players still make up the bulk of the industry and that as a whole the industry continues to shrink rapidly, both in jobs and revenue.

In the preamble to the report, which runs to more than 150 pages, the Pew Center says that 2013 and early 2014 brought “a level of energy to the news industry not seen for a long time.” The authors added that some of the new players who have emerged and/or broadened their ambitions — such as…

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