{"id":216390,"date":"2022-08-02T16:14:34","date_gmt":"2022-08-02T20:14:34","guid":{"rendered":"https:\/\/www.lionpublishers.com\/?p=216390"},"modified":"2022-09-06T10:25:46","modified_gmt":"2022-09-06T14:25:46","slug":"what-were-learning-about-publishers-needs","status":"publish","type":"post","link":"https:\/\/www.lionpublishers.com\/what-were-learning-about-publishers-needs\/","title":{"rendered":"What we&#8217;re learning about news publishers&#8217; needs"},"content":{"rendered":"\n<p><strong>What does it take to build and grow a sustainable news business?<\/strong><\/p>\n\n\n\n<p>As my colleague Anika Anand <a href=\"https:\/\/www.niemanlab.org\/2021\/12\/the-year-well-be-able-to-tell-whos-built-a-successful-local-news-business\/\">wrote for Nieman Lab last year<\/a>, our industry hasn\u2019t been very good at answering this question \u2013 in part because flashy editorial projects get all the buzz while flaws in a business\u2019s underlying revenue or operations too often get ignored.&nbsp;&nbsp;<\/p>\n\n\n\n<p>At LION, we\u2019re trying to highlight true newsroom successes by better <a href=\"https:\/\/www.lionpublishers.com\/what-does-it-mean-to-be-a-sustainable-news-business\/\">understanding and defining what makes a news business sustainable<\/a>, and we\u2019re also trying to answer the question that inevitably comes next:<\/p>\n\n\n\n<p><strong>Once we identify key indicators of sustainability, what support and training do publishers then need to reach them?<\/strong><\/p>\n\n\n\n<p>When I joined LION nearly two years ago, there were plenty of <em>anecdotes<\/em> about what our members needed to build stronger businesses.&nbsp;<\/p>\n\n\n\n<p>Funding, of course, usually topped the list. But many of the asks from our members felt more bespoke, and in turn, so were the resources we offered to address them \u2013 <a href=\"https:\/\/www.lionpublishers.com\/5-tips-for-choosing-a-fiscal-sponsor-for-your-newsroom\/\">a post about fiscal sponsorship<\/a> here, <a href=\"https:\/\/www.lionpublishers.com\/lessons\/navigating-copyright-infringement-claims\/\">a webinar about copyright laws<\/a> there, <a href=\"https:\/\/www.lionpublishers.com\/dear-penda-how-do-i-monetize-my-audience-engagement-on-instagram\/\">a revenue AMA<\/a> whenever we could squeeze one in. Valuable information, our members told us, but scattershot, from our perspective.&nbsp;<\/p>\n\n\n\n<p>What we were missing was a way to measure our members\u2019 needs at scale and begin identifying shared priorities. In 2022 we\u2019ve begun to experiment with what that looks like:&nbsp;<\/p>\n\n\n\n<ul><li>Through the <a href=\"https:\/\/www.lionpublishers.com\/learn\/sustainability-audits\/\">LION-GNI Sustainability Audits and Funding program<\/a>, we\u2019ve completed detailed surveys and interviews with <a href=\"https:\/\/www.lionpublishers.com\/26-more-independent-news-businesses-selected-for-lion-gni-sustainability-program\/\">45 publishers and counting<\/a> about their opportunities, challenges and successes in <a href=\"https:\/\/www.lionpublishers.com\/what-does-it-mean-to-be-a-sustainable-news-business\/\">all three phases of business sustainability<\/a>.&nbsp;&nbsp;<\/li><\/ul>\n\n\n\n<ul><li>The <a href=\"https:\/\/www.lionpublishers.com\/revenue-growth-fellowship-cohort-2021\/\">LION-Meta Revenue Growth Fellowship<\/a> has given <a href=\"https:\/\/www.lionpublishers.com\/revenue-growth-fellowship-cohort-2021\/\">12 independent publishers<\/a> sustained, intensive support from our revenue coaches, while giving us real-time visibility into the questions these publishers are asking, the roadblocks they\u2019re hitting and the resources and advice they find most helpful.&nbsp;<\/li><\/ul>\n\n\n\n<ul><li>Our <a href=\"https:\/\/www.lionpublishers.com\/join-news-entrepreneur-community\/\">News Entrepreneur Community<\/a> on Slack has grown into a conversation and problem-solving space for nearly 1,000 publishers and other news professionals, helping us learn from news leaders across the industry about their biggest needs and challenges.&nbsp;&nbsp;<\/li><\/ul>\n\n\n\n<p>In the spirit of transparency, we still have a lot more work to do collecting data from independent publishers, and even more work to organize and interpret it to ensure we\u2019re best meeting their needs.&nbsp;<\/p>\n\n\n\n<p>But even at this early stage, we\u2019re seeing trends emerge, and we\u2019ve started to use that data to better plan and prioritize the things we write, record, produce and host for our members.&nbsp;&nbsp;<\/p>\n\n\n\n<p><strong>All of that is context for a new experimental approach to LION\u2019s work of answering our members\u2019 questions and strengthening the independent news industry.&nbsp;<\/strong><\/p>\n\n\n\n<p>Instead of playing whack-a-mole with dozens of individual questions and topics, we\u2019ll be focusing our newsletter, podcast, webinars and other resources on one business challenge each month that we know is a priority for publishers.&nbsp;<\/p>\n\n\n\n<p>Here\u2019s what we have planned for the six months ahead \u2013 and how you can take stay in the loop:<\/p>\n\n\n\n<p><strong>Know and grow your audience (August)<\/strong>: Learn how to expand your reach and impact by more precisely defining who you\u2019re trying to serve and what news and information needs are most important for them.&nbsp;<\/p>\n\n\n\n<p><strong>Plan for revenue growth (September):<\/strong> Learn how to use opportunity sizing and market analysis to identify the most promising revenue opportunities for your news business.\u00a0<\/p>\n\n\n\n<p><strong>Be a better manager (October):<\/strong> Learn how to set up your new hires for success by defining clear goals and expectations, developing an onboarding plan, and providing the right amount of support.&nbsp;<\/p>\n\n\n\n<p><strong>Measure and market your impact (November):<\/strong> Learn how to document the ways you\u2019re making a difference in your community and use that impact to attract readers, donors, partners and\/or funders.<\/p>\n\n\n\n<p><strong>Prevent burnout (December):<\/strong> Learn how to set a sustainable workload for yourself and your colleagues by measuring team health, delegating responsibilities, and right-sizing the products you create.<\/p>\n\n\n\n<p><strong>Make time for revenue work (January):<\/strong> Learn how to make revenue growth a priority for your news business and build this work into your daily and weekly routines.&nbsp;<\/p>\n\n\n\n<p><strong>The best way to follow these monthly series is by <\/strong><a href=\"https:\/\/lionnewsletter.paperform.co\/\"><strong>signing up for LION\u2019s newsletter<\/strong><\/a><strong>, <\/strong>where we\u2019ll share everything we\u2019re learning and highlight related resources and opportunities for independent publishers. You can also:<\/p>\n\n\n\n<ul><li><strong>Subscribe to <\/strong><a href=\"https:\/\/anchor.fm\/lion-publishers\"><strong>our News Guest podcast<\/strong><\/a> on Apple Podcasts, Spotify or wherever you get your podcasts. Our episodes this season will drop on the first Tuesday of every month, and they\u2019ll kick off each month\u2019s content series.&nbsp;<\/li><\/ul>\n\n\n\n<ul><li><strong>Share questions about any of the monthly topics<\/strong> in our <a href=\"https:\/\/www.lionpublishers.com\/join-news-entrepreneur-community\/\">News Entrepreneur Community<\/a> on Slack. We\u2019ll do our best to address them in <a href=\"https:\/\/lionnewsletter.paperform.co\/\">the LION newsletter<\/a>, and other publishers in the group are likely to share their thoughts even faster.&nbsp;<\/li><\/ul>\n\n\n\n<ul><li><a href=\"https:\/\/www.lionpublishers.com\/membership\/\"><strong>Become a LION member<\/strong><\/a><strong> to access member-only resources<\/strong> that will be included in these series, including courses and lessons in <a href=\"https:\/\/www.lionpublishers.com\/academy\/\">our News Entrepreneur Academy<\/a>.&nbsp; <strong>&nbsp;&nbsp;&nbsp;<\/strong><\/li><\/ul>\n\n\n\n<p><strong><em>P.S. We\u2019ll be talking about audience research and development (and a whole lot more!) at the <\/em><\/strong><a href=\"https:\/\/www.sustainabilitysummit.news\/\"><strong><em>Independent News Sustainability Summit<\/em><\/strong><\/a><strong><em> in Austin this October. <\/em><\/strong><em>To join us, <\/em><a href=\"https:\/\/www.eventbrite.com\/e\/2022-independent-news-sustainability-summit-tickets-324133210157\"><em>buy your early-bird ticket<\/em><\/a><em> by August 19, and <\/em><a href=\"https:\/\/fundjournalism.submittable.com\/submit\/229584\/sustainability-summit-travel-scholarship-application\"><em>apply for a scholarship<\/em><\/a><em> if you need help covering the cost of travel and lodging.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>News publishers often think their challenges are unique. Our data shows they have a lot in common.<\/p>\n","protected":false},"author":673,"featured_media":216403,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[141,2,135],"tags":[1534],"coauthors":[176],"featured_image_urls":{"full":["https:\/\/www.lionpublishers.com\/wp-content\/uploads\/2022\/08\/alina-grubnyak-ZiQkhI7417A-unsplash-1.jpg",1200,800,false],"thumbnail":["https:\/\/www.lionpublishers.com\/wp-content\/uploads\/2022\/08\/alina-grubnyak-ZiQkhI7417A-unsplash-1-150x150.jpg",150,150,true],"medium":["https:\/\/www.lionpublishers.com\/wp-content\/uploads\/2022\/08\/alina-grubnyak-ZiQkhI7417A-unsplash-1-300x200.jpg",300,200,true],"medium_large":["https:\/\/www.lionpublishers.com\/wp-content\/uploads\/2022\/08\/alina-grubnyak-ZiQkhI7417A-unsplash-1-768x512.jpg",768,512,true],"large":["https:\/\/www.lionpublishers.com\/wp-content\/uploads\/2022\/08\/alina-grubnyak-ZiQkhI7417A-unsplash-1-1024x683.jpg",1024,683,true],"1536x1536":["https:\/\/www.lionpublishers.com\/wp-content\/uploads\/2022\/08\/alina-grubnyak-ZiQkhI7417A-unsplash-1.jpg",1200,800,false],"2048x2048":["https:\/\/www.lionpublishers.com\/wp-content\/uploads\/2022\/08\/alina-grubnyak-ZiQkhI7417A-unsplash-1.jpg",1200,800,false]},"post_excerpt_stackable":"<p>News publishers often think their challenges are unique. Our data shows they have a lot in common.<\/p>\n","category_list":"<a href=\"https:\/\/www.lionpublishers.com\/category\/news\/announcements\/\" rel=\"category tag\">Announcements<\/a>, <a href=\"https:\/\/www.lionpublishers.com\/category\/news\/\" rel=\"category tag\">News<\/a>, <a href=\"https:\/\/www.lionpublishers.com\/category\/news\/resources\/\" rel=\"category tag\">Resources<\/a>","author_info":{"name":"Ben DeJarnette","url":"https:\/\/www.lionpublishers.com\/author\/bdejarnette\/"},"comments_num":"0 comments","yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What we&#039;re learning about news publishers&#039; needs - LION Publishers<\/title>\n<meta name=\"description\" content=\"News publishers often think their challenges are unique. 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