Campaigning journalists can often look down their noses at niche publishers, but many of these businesses have proven quite lucrative. Brian Morrissey’s overview of these publishers, including some of their impressive exits and funding rounds, shows how much interest there is in them from audiences but also investors.
Digiday has a good overview of the priorities of US publishers that attended its recent conference in Florida, and we’ve got a look at the how to “curate product kits”.
I don’t do this often, but I’ve also resurfaced a piece about Gannett’s struggles from yesterday because not only did they talk about cutting jobs, but they also are looking to sell more of their properties. That interests me as a former employee (who fortunately sold his stock before it tanked). When I was there, I thought that instead of a local-to-national strategy that they should pursue a more sustainable regional-to-national strategy. They could have a tentpole property in every state - print or digital - and then use that to provide content to the USA Today network.
In social news, The Verge looks at how the major platforms are now being flooded with content from elsewhere, lowering their USPs, and Meta is looking to shed about 10% of its staff by the middle of next year, the WSJ says.