The news business may actually become more financially sustainable without newsrooms

The killing of a magazine, sins, repentance and Google’s News Consumer Insights and 17 active calls.

Welcome!

This week on the Media Finance Monitor:

• The news business may actually become more financially sustainable without newsrooms

• How to kill a magazine

• Sins, repentance and Google’s News Consumer Insights

• Success stories in audience revenues and institutional funding

• 17 active calls (1 new)

The news business may actually become more financially sustainable without newsrooms

While parts of the news industry are in perpetual crisis, the creator economy seems to be thriving. In fact, it may be doing better than ever. Substack is on track to double its news/politics subscribers in 2024, and the number of publications in this segment making over USD 1 million annually on the platform has reportedly doubled in the past 12 months.

The Free Press, run by Bari Weiss, has over 750,000 subscribers, with more than 100,000 paying $8 every month. This brings in…