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AP says it will offer buyouts as part of pivot away from newspaper journalism

AP says it will offer buyouts as part of pivot away from newspaper journalism

Summary

The Associated Press (AP) is offering buyouts to some of its U.S.-based journalists. This move is part of AP's shift away from newspaper journalism towards visual journalism and new revenue sources.

Key Facts

  • The Associated Press is offering buyouts to some journalists in the U.S.
  • AP is moving away from focusing on newspaper journalism.
  • The company is concentrating more on visual journalism.
  • AP is looking for new sources of income, including investments in artificial intelligence.
  • Newspaper companies used to be the main income source for AP but now make up only 10% of its revenue.

Source Information