New Media: The Industry
Telangana Open School (TOSS) · Class 12 · Mass Communication
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Key Topics to Revise
Growth of New Media in India
- New media emerged in India after 1996, with independent media houses launching news websites.
- Early web editions were replicas of print newspapers, used mainly to create awareness.
- After 2000, many independent new media ventures shut down due to lack of sustainable revenue models.
Impact of New Media
- Venture capitalists funded new media startups, seeing potential for high returns.
- Initial business models failed because Indian consumers preferred 'look and feel' before buying online.
- E-commerce later succeeded with strategies like 'Big Billion Days' that built trust and urgency.
Convergence of New Media
- Convergence integrates Communication, Computing, and Content—known as the 3Cs.
- Smartphones are the best example of convergence, combining news, radio, TV, and internet.
- Print media evolved due to competition from TV and later new media.
Examples of New Media
- Websites are the most common new media product—used by businesses, media, and individuals.
- Social networking sites like Facebook and WhatsApp allow interaction and information sharing.
- Customization of news delivers personalized content based on user interests.
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