Riyadh: Arab News \u2014 the Middle East\u2019s leading English language daily \u2014 is partnering with the Future Investment Initiative Institute to shed light on the future of the regional media industry.<\/p>\n\n\n\n
\u2022 The year-long cooperation \u2014 marking the newspaper\u2019s 46th anniversary \u2014 will see the co-production of a series of expert panel discussions, surveys, white papers and recommendations of how the industry can survive the digital disruption and create sustainable models for the future.<\/p>\n\n\n\n
\u2022 \u201cThe past two decades saw traditional media dramatically impacted by rapidly developing technology. The rise of tech giants, social media platforms has created an uneven competitive environment and curtailed many traditional media outlets ability to have a sustainable growth model, be it through advertising or subscription models,\u201d said Faisal J. Abbas, Editor-in-Chief of Arab News.<\/p>\n\n\n\n
\u2022 \u201cWhile technology has had a positive impact on many new businesses and individual content creators\/influencers; it has meant that established, credible media organizations are left with no means to sustain the costly process of producing, editing and disseminating credible news. It has also made it easier for other entities to illegally benefit from, infringe on these organizations copy rights.\u201d He added.<\/p>\n\n\n\n
\u2022 The partnership between Arab News and FII Institute will see the larger impact of technology on economic models of media businesses discussed. It will also cover topics such as the negative impact of social media platforms on matters such as the rise of fake news, increase in hate speech and loss of personal privacy.<\/p>\n\n\n\n
\u2022 \u201cAs part of the FII institute commitment to empowering the world\u2019s brightest ideas to materialize and scale sustainability, we are delighted to partner with Arab News on this deep dive into the media industry, and find solutions to help the industry evolve and resolve its digital transformation issues,\u201d said Richard Attias, CEO of the FII Institute.<\/p>\n\n\n\n
\u2022 The first deliverable of this cooperation, will be a white paper produced by the Arab News Research and Studies Unit (RSU) based in London. The paper, to be released in May, will be published under the title of \u201cThe Myth of Digital Transformation\u201d and will seek to explain in detail the technical problems that face the media industry from a commercial perspective and what impact do they have on various levels.<\/p>\n\n\n\n
\u2022 The paper will be available for distribution via Arab News and the FII Institute websites, and a panel discussion will be held following its release to shed light on its findings.<\/p>\n\n\n\n
ENDS\u200b<\/p>","protected":false},"excerpt":{"rendered":"
\u200b\u200b\u200b\u200b\u200b\u200b \u2022 Arab News, FII Institute partner to shed light on the future of regional media industryrnCooperation to produce research, panel discussions and industry level, government white papers \u2022 Photo caption: Arab News Editor-in-Chief Faisal J, Abbas (L) and FII Institute CEO Richard Attias. \u2022 April 20th, 2021 – EMBARGOED 5PM KSA\/6PM UAE \u2022 Riyadh: Arab News \u2014 the Middle East\u2019s leading English language daily \u2014 is partnering with the Future Investment Initiative Institute to shed light on the future of the regional media industry. \u2022 The year-long cooperation \u2014 marking the newspaper\u2019s 46th anniversary \u2014 will see the co-production of a series of expert panel discussions, surveys, white papers and recommendations of how the industry can survive the digital disruption and create sustainable models for the future. \u2022 \u201cThe past two decades saw traditional media dramatically impacted by rapidly developing technology. The rise of tech giants, social media platforms has created an uneven competitive environment and curtailed many traditional media outlets ability to have a sustainable growth model, be it through advertising or subscription models,\u201d said Faisal J. Abbas, Editor-in-Chief of Arab News. \u2022 \u201cWhile technology has had a positive impact on many new businesses and individual content creators\/influencers; it has meant that established, credible media organizations are left with no means to sustain the costly process of producing, editing and disseminating credible news. It has also made it easier for other entities to illegally benefit from, infringe on these organizations copy rights.\u201d He added. \u2022 The partnership between Arab News and FII Institute will see the larger impact of technology on economic models of media businesses discussed. It will also cover topics such as the negative impact of social media platforms on matters such as the rise of fake news, increase in hate speech and loss of personal privacy. \u2022 \u201cAs part of the FII institute commitment to empowering the world\u2019s brightest ideas to materialize and scale sustainability, we are delighted to partner with Arab News on this deep dive into the media industry, and find solutions to help the industry evolve and resolve its digital transformation issues,\u201d said Richard Attias, CEO of the FII Institute. \u2022 The first deliverable of this cooperation, will be a white paper produced by the Arab News Research and Studies Unit (RSU) based in London. The paper, to be released in May, will be published under the title of \u201cThe Myth of Digital Transformation\u201d and will seek to explain in detail the technical problems that face the media industry from a commercial perspective and what impact do they have on various levels. \u2022 The paper will be available for distribution via Arab News and the FII Institute websites, and a panel discussion will be held following its release to shed light on its findings. ENDS rn\u200b<\/p>","protected":false},"author":1,"featured_media":0,"template":"","categories":[],"tags":[],"class_list":["post-1396","press","type-press","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/fii-institute.org\/ar\/wp-json\/wp\/v2\/press\/1396","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/fii-institute.org\/ar\/wp-json\/wp\/v2\/press"}],"about":[{"href":"https:\/\/fii-institute.org\/ar\/wp-json\/wp\/v2\/types\/press"}],"author":[{"embeddable":true,"href":"https:\/\/fii-institute.org\/ar\/wp-json\/wp\/v2\/users\/1"}],"wp:attachment":[{"href":"https:\/\/fii-institute.org\/ar\/wp-json\/wp\/v2\/media?parent=1396"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fii-institute.org\/ar\/wp-json\/wp\/v2\/categories?post=1396"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fii-institute.org\/ar\/wp-json\/wp\/v2\/tags?post=1396"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}