On Track to Bring in $850,000 This Year, the Profitable Charlotte Agenda Says its Model is Working

Here’s a bright spot for those anxious about the future viability of local news businesses: North Carolina-based Charlotte Agenda says it’s on track to pull in $850,000 in revenue this year, higher than it expected. Oh, and it’s both growing and profitable.

The 11-person site, aimed at the growing population of young professionals in North Carolina’s largest city, has been bootstrapped and self-funded since its launch in April 2015. As a result, revenue growth and profitability — rather than just reader growth — have been a priority since day one, said Ted Williams, the site’s cofounder and publisher. He says that other local news startups need to have that same mindset.

RSS
Follow by Email
Facebook
Facebook
Twitter
Visit Us
LinkedIn
Read More

Leave a Reply

Your email address will not be published. Required fields are marked *