Revenue
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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
Last week, in a Q&A about covering losses in the journalism industry, Poynter reporter Kristen Hare observed that the newsroom mergers and consolidations that have resulted from the coronavirus … more
The ongoing, coronavirus-fuelled media crisis has in fact been in the works for more than 30 years. It is not a new phenomenon.In the early 1990s, we saw mergers of major radio networks. The advent … more
USA TODAY owner Gannett reported a net loss of about $437 million in the second quarter as businesses cut back on advertising amid the COVID-19 pandemic and significant accounting charges took a toll … more
NBCUniversal is the latest media company to make staff cuts in the wake of the pandemic's economic fallout.The cuts are expected to affect less than 10% of the company's 35,000 full-time staffers and … more
Many of the revenue streams that power media companies have begun to come back to life in the past several weeks. But events is not one of them, a fact that has begun to really squeeze many B2B media … more
Summer is usually a suboptimal time to sell advertising. But for publishers that rely on open exchanges for their programmatic ad revenue, the past two months have been among the hottest of the … more
Though the journalism industry continues to report a staggering number of layoffs, pay cuts have allowed many outlets to retain staff and continue their work while cutting back spending—a … more
The advertising industry’s tendency toward excess — catered parties in Las Vegas headlined by pop stars; unwieldy internal hierarchies stuffed with countless director roles; … more
Live sport has been coming back to screens over the last two months, and like the U.K.’s Premier League, it has seen a spike in linear TV numbers due to sports-starved audiences. While that … more
"COVID has helped us in the way that people have realised how important journalism is … and come back to thinking about how important it is to their daily lives,” Boucher told … more
In a nutshell: This European media collective used the pandemic as an opportunity to conduct online focus groups and build a proposition for its membership program that it soft-launched in … more
BuzzFeed Inc. laid off 50 of the 74 employees who were furloughed this spring as the digital media company struggles to replace lost revenue during the pandemic.The cuts include 10 employees in … more
Print editions have taken significant hits at newspapers and magazines across the world as financial setbacks caused by covid-19 rip through newsrooms. As part of the Journalism Crisis Project, the … more
NPR reporter Kelsey Snell would normally have spent last week covering Nancy Pelosi and Mitch McConnell as the congressional correspondent for “Morning Edition” and “All Things … more
When COVID-19 hit India in January, we were (not surprisingly) smug and unprepared. The fact that we are a tropical country, and therefore pride ourselves on our high immunity, along with the fact … more
In the spring, a wave of pay cuts, furloughs and layoffs crashed over media as the coronavirus swept through the American economy. Now, a second wave appears to be rising, after the speedy recovery … more
Vox Media, the owner of media properties including New York Magazine, The Verge, SBNation and Eater, has informed its worker unions to prepare for company-wide layoffs, according to people familiar … more
We have been inundated with news over the past few months of publishers closing their offices, scrapping departments, rethinking their revenue models and trying to establish a more concrete future … more
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