Revenue
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Newsrooms across the African continent have been battered by the coronavirus pandemic, with close to 1,000 media workers having lost their jobs in South Africa alone. While the knock-on effects of … more
Fox News Media expects to cut less than 3% of its overall staff as the unit, the financial engine of parent Fox Corporation, works to make its operations more efficient after a period of … more
Across Europe, economic difficulties brought on by the COVID-19 pandemic have deterred readers from financially supporting news media.In the case of the Polish investigative nonprofit OKO.press, … more
BBC Global News, the commercial, international arm of the BBC, has, like other publishers, weathered sudden double-digit percentage drops in digital ad revenue over the last six months from … more
Since March of 2020, the Tow Center for Digital Journalism has been collecting data on cutbacks to US newsrooms happening amid the novel coronavirus pandemic; today, they published the sum of their … more
The company that now owns gossip tabloids the National Enquirer and US Weekly has announced a new round of furloughs starting immediately.On Thursday Accelerate 360 CEO David Parry told staffers of … more
As the racially disproportionate impact of the covid-19 pandemic becomes ever more apparent, the media has scrambled to keep up. Responding to demands for greater government transparency on covid-19 … more
Since the onset of the pandemic, the demolition of the newsroom’s already trembling business model has become a familiar story for the journalism industry. For the Journalism Crisis Project, … more
This has not been a good time for media companies looking to win new clients.With uncertainty continuing to hang over the American economy and advertisers continuing to face pressure from CEOs who … more
In the wake of the past five months, advertisers are now increasingly forcing publishers to think and work within tighter windows.With coronavirus still wreaking havoc on the economy, social unrest … more
Among the obvious probable casualties of the pandemic for news organizations were those signature live events, which have come to be both an extension of major journalism brands and a hot source of … more
Consumer trust in media and brand advertising is critically important for global media companies as they move forward in a post COVID-19 world, according to a survey by WAN-IFRA and Syno … more
After an extremely bumpy ride, travel publishers are starting to see some signs of calm returning to their business.For the past several weeks, audiences have begun to come back, some of them lured … more
In a normal election cycle, the pageantry, rhetoric and star power of the Republican and Democratic party conventions deliver some of the biggest audiences and ad deals a news publisher will see that … more
Periods of intense crisis often lead to innovation, and 2020 is no exception. In the year of the Covid-19 pandemic, the media industry faces a new threat to revenue: the disappearance of in-person … more
More than 2,000 jobs at UK-based news organisations have been put at risk during the Covid-19 crisis so far, with more expected to follow.Cutbacks have fallen across the news industry as the decline … more
The publisher of the Daily Mail, Mail on Sunday, the i and Metro is to cut up to 100 roles as the coronavirus pandemic continues to hammer the newspaper and magazine industry.Daily Mail and General … more
“Hey everyone. I’m Kara Meyberg Guzman,” Meyberg Guzman said in a podcast episode last July for Santa Cruz Local.“And I’m Stephen Baxter,” her co-founder and … more
Ad spending is starting to recover from the low point of the coronavirus. But unless it miraculously accelerates, all the evidence points to further job losses at agencies in the months to come. … more
Media owners with diversified revenue lines were best-positioned to weather the coronavirus crisis as it continued into the summer.Earnings reports for the June quarter reveal the extent to which the … more
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