Meaning of the word "news industry" in English

What does "news industry" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

news industry

US /ˈnuːz ˈɪn.də.stri/
UK /ˈnjuːz ˈɪn.də.stri/

Noun

the business of gathering, processing, and disseminating news through various media outlets

Example:
The digital revolution has significantly transformed the news industry.
Many journalists are concerned about the future of the news industry.