According to a study conducted in May 2022, 79 percent of state or regional news websites were non-profit, with just 21 percent operating for profit. When it came to local news, the opposite was true, with just under 70 percent reporting that they were for-profit, which in the case of local news means a dependence on local advertising.
Local and state/regional news website funding in the United States as of May 2022
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Northwestern University. (August 11, 2022). Local and state/regional news website funding in the United States as of May 2022 [Graph]. In Statista. Retrieved September 20, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1328106/digital-news-funding-us/
Northwestern University. "Local and state/regional news website funding in the United States as of May 2022." Chart. August 11, 2022. Statista. Accessed September 20, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1328106/digital-news-funding-us/
Northwestern University. (2022). Local and state/regional news website funding in the United States as of May 2022. Statista. Statista Inc.. Accessed: September 20, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1328106/digital-news-funding-us/
Northwestern University. "Local and State/Regional News Website Funding in The United States as of May 2022." Statista, Statista Inc., 11 Aug 2022, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1328106/digital-news-funding-us/
Northwestern University, Local and state/regional news website funding in the United States as of May 2022 Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1328106/digital-news-funding-us/ (last visited September 20, 2024)
Local and state/regional news website funding in the United States as of May 2022 [Graph], Northwestern University, August 11, 2022. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1328106/digital-news-funding-us/