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Publishers find the AI era not all that lucrative
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We keep an eye out for the most interesting stories about Labby subjects: digital media, startups, the web, journalism, strategy, and more. Here’s some of what we’ve seen lately.
Local News Initiative / Anandita Bhalerao / Feb 23, 2022
“The Sun relied on donations and subscriptions from a few wealthy families. In 2020, The Sun had total revenue of under $50,000, according to its IRS 990 filing. Sloan said a key reason that local news outlets struggle in communities with limited resources is that “they can’t generate the income from the rural, low-educated, non-reading public.'”
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