Revenue is trending up for independent news publishers.
That’s the takeaway from our latest report on the state of LION’s members, along with the finding that more than 50 news businesses with just one or two full-time employees — representing LION’s core membership — now earn more than $100,000 annually.
It’s really good news. But we also know it could be even better, and so do our members.
Where does this confidence come from, amid all the usual headwinds?
For your answer, just read the reasons our members gave for applying for the LION-GNI Sustainability Audits & Funding program, which provides personalized advice, support and up to $6,000 of funding to help independent publishers strengthen their news businesses.
The story these program applicants tell is no longer one of an industry grasping at straws or chasing shiny objects.
The path to news business sustainability is becoming clearer, and many LION members now know, at least in broad terms, the steps they need to take to get there.
What they’re often missing is personalized support to help them plan and prioritize those steps, plus some of the funding they need to implement them.
The LION-GNI Sustainability Audits & Funding program is designed to address that gap, and these 20 publishers are just the first of 100 we plan to support through this program in 2022.
Want to be considered for our next cycle of Sustainability Audits and grants? Make sure you’re an active LION member and apply here by June 13, or email program manager Andrew Rockway if you have questions.
– Ben DeJarnette, communications manager, and the LION team
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