Report: Internet usage transforming news industry

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Yahoo/AP

NEW YORK – The rapid growth of smartphones and electronic tablets is making the Internet the destination of choice for consumers looking for news, a report released Monday said.

Local, network and cable television news, newspapers, radio and magazines all lost audience last year, according to the Project for Excellence in Journalism, a research organization that evaluates and studies the performance of the press. News consumption online increased 17 percent last year from the year before, the project said in its eighth annual State of the News Media survey.

The percentage of people who say they get news online at least three times a week surpassed newspapers for the first time. It was second only to local TV news as the most popular news platform and seems poised to pass that medium, too, project director Tom Rosenstiel said. Local TV news has been the most popular format since the 1960s, when its growth was largely responsible for the death of afternoon newspapers, he said.

"It was a milestone year," he said.

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