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HomeHomework Helpmedia-studiesFinancial Sustainability in Digital News

Financial Sustainability in Digital News

Financial sustainability in digital news refers to the ability of online news organizations to generate sufficient revenue to cover their operational costs while maintaining journalistic integrity and quality. This concept encompasses diverse funding models, including subscriptions, advertising, and philanthropic support, aimed at ensuring long-term viability in a rapidly evolving media landscape.

intermediate
3 hours
Media Studies
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Overview

Financial sustainability in digital news is crucial for the survival of news organizations in an increasingly digital world. As traditional revenue streams decline, these organizations must adapt by exploring new revenue models, managing costs effectively, and engaging their audiences. Understanding...

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Key Terms

Revenue Model
A strategy for generating income, such as subscriptions or advertising.

Example: A news website may use a subscription model to charge readers for access.

Cost Management
The process of planning and controlling the budget of a business.

Example: A news organization may reduce printing costs by focusing on digital content.

Audience Engagement
The interaction between a news organization and its audience.

Example: Using social media to connect with readers and encourage feedback.

Digital Transformation
The integration of digital technology into all areas of a business.

Example: A traditional newspaper launching an online platform.

Subscription Service
A model where users pay a recurring fee for access to content.

Example: A monthly fee for unlimited access to a news website.

Crowdfunding
Raising small amounts of money from a large number of people, typically via the internet.

Example: A news outlet using Kickstarter to fund investigative journalism.

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Media Ethics
Examines ethical considerations in journalism and media practices.
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Data Journalism
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Social Media Impact on News
Analyzes how social media influences news dissemination and audience interaction.
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Key Concepts

Revenue ModelsCost ManagementAudience EngagementDigital Transformation