The impact of online platforms like Facebook and Google on the advertising revenue of the news media could be subject to a review by Ofcom, culture minister Matt Hancock has said.

Hancock said there was “a huge challenge in maintaining high-quality journalism”, as advertising that once went to publishers such as newspapers is now spent on internet platforms.

Tory MP Matt Warman, a former journalist, tabled an amendment to the Digital Economy Bill calling for a review of this impact on the news media, warning MPs the media could fall into “a state of disrepair”.