TOKYO: The Organisation of Asia-Pacific News Agencies (OANA)’s 52nd Executive Board meeting was held here on Thursday, with the focus on balancing dissemination of information and diversifying revenue streams in the wake of fierce competition from social media platforms. In his remark at the panel discussion themed OANA : News Agencies In the Era of Digital Innovation, Japan’s Kyodo News Agency President Toru Mizutani said media outlets are facing declining readership as younger generations opted for other contents from social media rather than news.“We have to change our traditional business model. Our traditional clients like newspapers are facing big drop in advertisement and circulations
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