The Impact of News
The impact of news is measured by several factors. Some of these factors include timeliness, relevance, and exclusivity. Depending on the news source, these factors can be used to determine how it is impacted by readers. The Mirror Model states that news should accurately reflect reality. The Organizational Model, sometimes known as the Bargaining Model, emphasizes applying pressure to governmental processes. Finally, the Political Model states that news should reflect the political views and ideologies of people.
Relevance
The relevance of news is a core news value that is understood by news creators and audiences in different ways. Relevance is not a fixed property of a news story; it is a dynamic relationship between a news story and its audience. News stories can become more relevant to audiences through the language and context that journalists use to present them. Relevance also depends on the personal connections that audiences make with the story. Although most earlier research has focused on the journalist’s ability to make a story relevant to the public, there is a growing body of research on how audiences make that connection.
Timeliness
The Timeliness of News is an important element of the quality of news reporting. In 19th century American journalism, timeliness occupied a central place in its value system, straddling the conceptions of transmission and storytelling. The speed of the telegraph catalyzed this shift.
Impact
In this study, we investigated the impact of news on the news selection process of internet users. We found that the selection process of news is no longer strictly based on journalistic criteria, but rather, according to nebulous computer algorithms. This creates an environment in which news is flooded with a high choice of news, but the human mind can only process a finite amount of information.
Exclusivity
Exclusivity in news is an important aspect to consider when planning the content of your news channel. If you’re trying to keep your screen buzzing with news, you’ll want to make sure that every piece of content is sourced appropriately. For instance, a story about an accident on a motorcycle might not be exclusive to that news channel. Instead, the story would be sourced from a third-party website. The news source should be clearly identified on the piece.
Shareability
The shareability of news is a key measure of the impact a news story has on the public. The more people who share a news story, the more attention it will receive. This is especially true for stories involving coups, which are more likely to be shared than stories about celebrities. The importance of shareability in the news industry cannot be overemphasized. Using analytics to understand how to create stories with high shareability can help newsrooms improve the impact of their reporting.
Magnitude
Magnitude of news is a measure of the impact of news on financial markets. It shows how news is affecting stock prices and other market metrics. Different types of news have different effects on the markets, such as news about the economy, central bank announcements, and even news about the price of a single stock. In finance, the magnitude of news is a useful tool that academics and practitioners can use to better understand the financial markets.