It is track ten on the album Time (1981) and was released as a double A-side along with "Ticket to the Moon" in January 1982, reaching number 24 in the UK charts. The song makes heavy use of synthesizers but also includes guitar, bass guitar, piano, and a drum kit. The song is in Strophic form, lasts 3 minutes 43 seconds and ends with a fade out. The song is about the news programmes of 2095 and voices from news reports can be heard in the background during the song. A number of news reporters claim that their voices were used for this song, but Lynne said that the snippets featured the voices of band members.
The Dutch broadcasting company VPRO has been using the opening sequence of "Here Is the News" since 1981 at the start of their radio and television broadcasts. In October 1987, Maltese radio and TVM also began using the song's opening to introduce news broadcasts.