TikTok Saw Significant Growth in In-App Sales in 2024In-app purchase revenue surged significantly in the U.S. and particularly on TikTok, marking a major increase in consumer spending in digital markets.
Local news orgs missed out on political ad money in 2024, and other takeaways from a survey of local media companiesLocal news organizations are experiencing digital success through newsletters, video, and subscriptions according to the 2024 Industry Insights Survey.
Conde Nast Inks Pact With OpenAI, Latest Media Company to License Content to Generative AI PlatformCondé Nast partners with OpenAI to license content, aiming to broaden reach and enhance digital revenue amid evolving technology challenges.
Pulitzer Prize Board praises students just ahead of journalism's biggest awards - PoynterThe Pulitzer Prize Board recognized the impactful work of student journalists covering protests and unrest, emphasizing their courage and dedication amidst challenging circumstances.
Gannett's Digital Ad Business Gets A Boost From Non-News Partnerships | AdExchangerGannett experienced growth in Q1 2024 with digital revenue up 2.9% year over year, driven by partnerships and diversified revenue streams.
"Don't expect help from the disruptors": The FT's chief executive on AI, "loyalist" readers, and its U.S. expansionFT's consistency in strategic and editorial priorities has led to more digital revenue than print.FT has rebranded its magazine and enterprise division for the changing times.
Earnings call: Cumulus Media navigates tough landscape with digital growth By Investing.comCumulus Media's total revenue decreased by 11.4% to $844.5 million for 2023, with EBITDA at $90.7 million.Digital revenue was a highlight, representing 17% of total revenue, showing growth in streaming and digital marketing services.
Digiday+ Research: Are cookie concerns, MFAs holding back publishers' digital revenue?Many publishers still rely on revenue from traditional channels in addition to digital ones.