Living off digital revenues is every news outlet’s dream. Last week The New York Times revealed the dream had become a reality for them. The prominent newspaper announced its 2018 financials, disclosing that 40% of its total revenue comes from digital sources. This is good news, a story of success after the January layoffs that […]
Digital advertising is not enough to keep digital news outlets afloat
For the media industry, 2019 is not starting off on the right foot. In a little over a week, 1,000 jobs were cut nationwide. This avalanche started last Wednesday when Verizon Media Group—Yahoo, AOL and The Huffington Post’s parent company—disclosed a 7% cut in their media unit staff (800 jobs.) Shortly after, Buzzfeed revealed they […]