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.
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