“Get as much money as we can to pay for serious journalism”: 5K+ newsrooms worldwide to receive funding from Google
Google recently announced that it has selected over 5,300 newsrooms from across the world for its Journalism Emergency Relief Fund. The selected newsrooms “will receive funding ranging from $5,000 to… (more)
“Subscribers who convert during the pandemic are likely to remain”: Publishers continue to see a surge in subscriptions, with low rates of churn
People all over the world are consuming more content as they stay indoors. And they are not limiting themselves to free content but are paying for subscriptions in record numbers,… (more)
“Digital publishing could well reshape for the better”: How COVID-19 is accelerating the transition to alternative revenue models
Increase in digital subscriptions and decline in ad revenues—trends seen prominently in the current crisis—were actually already underway, indicating a deeper and likely, permanent transformation of the publishing business. COVID-19… (more)
“Give the customer many reasons to come back”: Insights from FIPP’s report on paywall strategy
The magazine media industry has historically made around 70% of their revenues through print advertising, according to FIPP’s updated edition of Paywalls: How to start your subscription strategy report. This… (more)
How COVID-19 is accelerating innovation in publishing: Insights from FIPP
COVID-19 has affected the world in an extraordinary manner, and many of its after-effects are going to be permanent. According to FIPP President and CEO James Hewes, it “represents the… (more)
From news to eCommerce, how publishers are rising up to the challenge of COVID-19
The Atlantic grew its audience by nearly 125% in March 2020, compared to the same month last year. Other magazines that registered impressive gains include Architectural Digest (74.3%) and Wired… (more)
“Turning a one-click reader into a 10-click reader”: Why publishers need to focus on reader retention, and other growth insights
Publishers that have less than 1M readers are 59% more likely to rely upon content quality as their main strategy for growth. As their audience size grows, they move on… (more)
91% of consumers are likely to engage with ads alongside coronavirus content on premium sites, and other publisher insights
A new report from Integral Ad Science states that 9 out of 10 people are likely to engage with ads alongside coronavirus content if they're on premium sites. Also, according… (more)
Tribune Publishing sees a 293% increase in digital subscriptions during the pandemic: How they achieved it and what’s next
Tribune Publishing signed up 334,000 digital-only subscribers in 2019. This was a 34% increase compared to the previous year. Subscription revenue grew about 60% during the same period, according to… (more)
“Not only can membership save journalism, but will do so by helping it evolve”: Why publishers are looking beyond subscriptions
“Reader revenue has freed us from the shackles of others we can’t see or who don’t care.” The Daily Beast’s membership product, Beast Inside, has seen nearly 100% growth in… (more)
“Unexpected winner in the race for new eyeballs”: Local news publishers see up to 150% spike in traffic
FIPP’s latest Global Digital Subscription Snapshot (2020 Q2) report presents an encouraging picture for publishers in a world shaken by the COVID-19 pandemic. Amidst all the challenges this crisis has… (more)
300% growth in subscriptions for digital news and media: Time for publishers to reassess their business models?
The global spread of COVID-19 has had a damaging effect on many publishing businesses. However, “subscription businesses are proving to be resilient,” according to an analysis of over 700 subscription-based… (more)
“Huge opportunity for media companies”: How COVID-19 is shaping content consumption globally, and what it means for publishers
68% of consumers say they’re searching for coronavirus updates on the internet – making it the biggest online activity, according to latest research by GlobalWebIndex. The company has been… (more)
Google and other tech giants commit millions to support publishers, but fundamental changes are necessary for the industry to survive
Google has launched a global Journalism Emergency Relief Fund through the Google News Initiative. It will provide financial aid to small, mid-sized and local news publishers worldwide who have been… (more)
“Extremely effective, lucrative revenue source and subscription-driver”: How publishers are using podcasts as a major growth engine
Podcasts are “perhaps the greatest new revenue and subscriptions tool,” according to FIPP’s latest Innovation in Media 2019-2020 World Report. “If you go by statistics alone,” writes John Wilpers, author… (more)
How publishers worldwide are using different business models to grow revenue: Highlights from FIPP’s Innovation in Media Report
FIPP’s recently published Innovation in Media 2019-2020 World Report delves into the different business models that publishers are using worldwide to drive revenue. It covers 13 business models ranging from… (more)
53% consumers are willing to pay for news in future, up from 16%: Highlights for publishers from the World Economic Forum
A vast majority (96%) of consumers read, watch or listen to media content (including news) for almost 24 hours a week, according to a new report from the World Economic… (more)
“Astounding 16x increase in less than a month”: People turn to trustworthy publishers as Coronavirus dominates social media
Echobox, a social media platform for publishers, tracked more than 2.3M stories shared to social media by 700 leading publishers, in more than 50 countries, through most of the first… (more)
“Much-needed cash infusion at a critical time for the local news industry”: Facebook commits $100M to support publishers
Facebook has announced a $100M investment to support the news industry which has been affected by the coronavirus pandemic. Its VP of Global News Partnerships, Campbell Brown, writes, “At a… (more)
From $100M in debt to 98% growth in digital revenues: Lessons from Trusted Media Brands’ remarkable turnaround to profitability
Trusted Media Brands, the publisher of Reader's Digest, has gone from being bankrupt twice (2009 and 2013) and struggling with 100M in debt, to becoming profitable again. Its digital ad… (more)