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PALM BEACH GARDENS, Fla., — yourNEWS Media has expanded its affiliate network of media companies allowing for local news coverage reaching 100 million people.
The audience available through yourNEWS makes it one of the fastest growing media companies in the United States.
According to Pew Research, more consumers obtain their news online. Print news combined with digital circulation now reaches approximately 31 million people with the trend continuing downward in the next ten years.
According to the CEO of yourNEWS Sam Anthony, “There is still a demand for news, but consumption has changed in the last five years.The next generation news platform is online, but will evolve to be a business model with scale. Think of Facebook, it wouldn’t work if it existed in only one city.”
This massive decline in print news circulation has been caused by the Internet. The percentage of consumers obtaining news information and coverage from an online source is 54% for both older and younger age groups.
“If you think about it, the largest retailer in the world is Amazon, and they don’t own a store, the largest taxi company in the world is Uber, and they don’t own a car, the largest hotelier in the world is Airbnb, and they don’t own a hotel. Netflixand Hulu produce television shows and movies and with global distribution. It only makes sense that when newspapers disappear, the new paradigm in media will be a scalable global, media giant,” said Anthony.
The company plans to expand it’s affiliate network over the next year by 200 markets, increasing reach to more than 300 million people. According to Anthony, “The future of news will be one place where everyone can contribute and everyone can have a voice. Our open source platform truly puts the power of the press in the hands of the people.”
Interested in owning a piece of yourNEWS? Contact Investor Relations at 800-548-5009
About yourNEWS Media:
yourNEWS is the first online social news and advertising platform operating a local edition in every zip code in the U.S. yourNEWS looks to provide local news in ever city in the U.S. and is the future of news. Contact yourNEWS by calling 800-548-5009. Visit our website:www.yournews.com.
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