Quick Hits
Here is a lot of informative news from around the world of local journalism. Enjoy!
Learn:
"Can Ledenews.com produce local journalism that thrives in a small market? News entrepreneur Steve Novotney plans to find out."
"Publishers shouldn’t be thinking about how they can capture ad dollars versus subscriptions. Instead, they need to be thinking about both. Use the data you’ve acquired building your subscription business over the past few years to reinforce your advertising business. And if you’re not already doing that, start now."
"All together, Spector monetizes the newsletter five different ways. He didn’t roll out all these business models simultaneously, but instead gradually introduced them along with extensive testing and iteration. Here’s how he approached each model."
"Since Press Gazette’s first 100k Club report was published in December, we have discovered increases of 20% or more across five publishers – Telegraph Media Group, Bloomberg Media, Insider Inc, National Geographic and a financial news division of Dow Jones – over varying periods. We have also added four new entrants to the league table: newsletter platform Substack, local US news publisher Lee Enterprises, Canada’s Globe and Mail, and Investor’s Business Daily, which is due to become part of News Corp later this year."
Last week WAN-IFRA released a report covering “World Press Trends” for 2020 and 2021. In 97 pages of insights and charts, the report explores a variety of topics like revenues growth, print vs digital, COVID, advertising or diversity. We have selected 6 key charts from the report that you shouldn’t miss.
"Although Facebook’s mistake seems innocuous enough, for the towns located around Bitche, local Facebook pages serve as the main form of communication. Shutting the page down effectively creates a local news blackout. When Rohrbach-les Bitche—a nearby town in the region—heard about the deletion, it quickly rid 'lès-Bitche' from its Facebook page name to avoid a similar fate."
"Newsrooms will be able to create networks where they can share stories, photos, videos, etc. around topics as specific as a single storm or as broad as something like gun control or climate change."
"Texas made headlines last month when it lifted all restrictions including its state-wide mask mandate, but industry sources say most businesses are still upholding safety rules that go beyond government requirements — and so far, consumer demand seems to be onside."
"In this session, Ryan Sager breaks down how to find sponsorships for your newsletter and how to price your sponsorship spots to stay competitive."
This An' 'At:
"The Tucson Weekly, Inside Tucson Business and Explorer have been sold to a Phoenix-area newspaper chain. Times Media Group has demonstrated a pattern of buying small publications and cutting staff even further."
"Fourteen complaints were filed or announced by publishers from Texas, Ohio, Pennsylvania, West Virginia, Wisconsin, Mississippi, New Jersey, Indiana, Missouri, Maryland and Delaware. The claims follow a pioneering January 2021 antitrust suit against Google and Facebook filed by HD Media, a West Virginia-based newspaper company that publishes the Pulitzer Prize winning Charleston Gazette-Mail and (Huntington) Herald-Dispatch."
“Appropriating the newspaper is tied to non-news practices which are meaningful to the actors, although they might seem trivial to some scholars.”
"The same day I asked for my savings, Fearless Leader John Cullen reported that we broke even in March. It was driven by a subscription increase of about 70%, almost all digital. Print circulation remains strong. Saints be praised! We had seen steady growth in circulation since last May, but it was not enough to cover our steep loss in advertising revenue. We appealed to readers and they responded. The trend held through April, and we pray it will going forward. Thank you. It makes me blow my nose."
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Thanks!
That's all for this week.
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Thanks again, stay safe, and we'll talk soon.
Jim.
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