What is the definition of sustainability for local news publishers?

Plus: Boosting Revenue with Solutions Journalism

Your weekly briefing of stories from around the local news space about business, policy, trends, and more

Hello! Here’s what’s in this week’s issue:

→ What is the definition of sustainability for local news publishers?

→ How local TV newsrooms demystified state amendments this election season

→ Nonprofit newsrooms’ fundraising matched with $7.5 million in pledged support

→ Startup raises $10 million to scale hyperlocal influencer marketing

🎧 Small Press, Big Ideas Podcast: Boosting Revenue with Solutions Journalism

❓ What is the definition of sustainability for local news publishers?

Blue Engine Collaborative and LION Publishers have established an initial definition of “sustainability” for local news publishers. The definition states that a local publisher can “withstand a major challenge to two of the three sustainability pillars at one time”, with the pillars referring to LION’s framework.

📺 How local TV newsrooms demystified state amendments this election season

State amendments can be confusing or obscure to voters in local elections, and this year several news stations went beyond their traditional approaches to educate voters. Learn about how local TV stations in Georgia and Florida informed their communities about proposed amendments to state laws.

💵 Nonprofit newsrooms’ fundraising matched with $7.5 million in pledged support

NewsMatch, collaborative fundraising movement to support independent, public service journalism, has pledged $7.5 million to support nonprofit news in the U.S. The program is run by the Institute for Nonprofit News and has raised nearly $300 million in support for newsrooms since 2017.

💡 Startup raises $10 million to scale hyperlocal influencer marketing

Influencer marketplace Hummingbirds announced the closure of its oversubscribed seed funding round after raising $10 million from venture capital firms. The platform connects nano-influencers (creators with audiences under 10,000) with local businesses.

 

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Small Press, Big Ideas

A podcast about the business of local news

Boosting Revenue with Solutions Journalism

This week on Small Press, Big Ideas I spoke with Alec Saelens, Impact Manager at Solutions Journalism Network.

We discussed Alec's path into journalism, his role in the founding of The Bristol Cable, and his current role at the Solutions Journalism Network.

In our conversation Alec emphasizes the importance of cooperative models in local journalism, the potential of solutions journalism to generate revenue for local news publishers, and the need for impact tracking to ensure sustainability in the industry. Alec also shares insights on the future of local news, highlighting both the challenges and the entrepreneurial spirit driving new initiatives.

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