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A new revenue model for news media.

New revenue model for news media

After many years complaining that advertising revenue is falling and that digital subscriptions don’t compensate, news publishers say there is now a three-pillar optimistic revenue model. New revenue sources have been the most reliable growth over the last few years, increasing from 13.2% in 2021 to more than a quarter (25.2%) today, global news publisher organisation WAN-IFRA says in a trend report built on surveys. 

Events is the main area of activity in this area, with 32.2% saying they are an important revenue source, followed by B2B services content and Partnerships with platforms (both 16.1%),

“Print remains a resilient revenue source, with print circulation and advertising together accounting for 43.6% of our respondents’ total income and print overall remaining their largest single revenue source”, global publisher organisation WAN-IFRA says in a trend report built on surveys 

“However, the gap with other income sources is narrowing. Digital circulation and advertising together now represent 31% of respondent’s revenue, while income from other activities (events, B2B services, e-commerce, etc.) now accounts for an average of 25.4%.”

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The report says that when compared with data from previous annual surveys, the trend is clear: over the last five years, print has declined from representing 56.2% of publishers’ total revenue to 43.6% today – a drop of almost ten percentage points. 

“While many publishers rely on growing digital revenues, our respondents indicate that these have mostly stagnated at around 30% over the last five years. Within this, digital circulation has largely been on a slight upward trend. However, digital advertising has proven to be an unpredictable revenue source (particularly in 2023, when those revenues dipped significantly).” 

Close to 93% of respondents identified AI and Automation as a top investment area for the coming year, closely followed by a related area Data Analytics and Intelligence, which is an investment priority for 90% of respondents.

Overall, 30.7%  say that their AI adoption at a Sophisticated/Advanced level, while 46.2% say it is Nascent. 

“Adoption appears strongest in newsroom operations, while there is still significant room for growth in using AI for monetisation and audience engagement”, the report says.

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A recent trend report from Reuters Institute said that In 2026, news media are likely to be further squeezed between information produced by generative AI and creators/influencers who are driving a shift towards personality-led news, at the expense of media institutions that can often feel less relevant, less interesting, and less authentic.   

The new WAN-IFRA report says that attitudes towards creators and influencers vary, but the majority of publishers are optimistic about working with creators, with 60.3% viewing them as an opportunity for collaboration.

“Moreover, one third of respondents said they see opportunities in producing creator-like content internally within their newsrooms, while almost a quarter said they are hiring creators directly to work with their news brands. Only about one in six see this growing area of the media as a threat.”

45.5% said that media freedom had worsened in their country over the past year. Just over one in ten (10.6%) reported improvements in this area.

Majority of threats to media freedom are occurring in the digital sphere. Online harassment is the most prevalent threat, reported by 57.8% of the organisations featured in the report, followed by denial of access to information (50.0%). Almost half (45.3%) experienced cyberattacks in 2025.

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