Revenue for hundreds of local news orgs went up in 2021, according to new data

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The median annual revenue for members of Local Independent Online News (LION) Publishers went up by 33% between 2020 and 2021, according to newly released data from the professional organization.

The financial data — self-reported by roughly 400 local news organizations — showed the median annual revenue rose from $94,000 in 2020 to $125,000 in 2021. More than half of LION members reported an increase in revenue between 2020 and 2021.

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