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


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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