By Frank Mungeam • LMA Chief Innovation Officer In his New York Times best-seller “Essentialism,” author Greg McKeown makes the case for less, done better. McKeown describes “essentialism” as a “systematic discipline for discerning what is absolutely essential, then eliminating everything that is not, so we can make the highest possible contribution toward the things […]
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Posted inJournalism Funded by Philanthropy, Lab for Journalism Funding, Latest News
Community impact report: Telling the story of the value of journalism
Journalists are experts in telling the stories of others. When it comes to telling the story of journalism and its value to the community, newsrooms might take a lesson from the nonprofit world. While journalists might naturally assume that people in their communities understand and recognize the value a local news outlet adds to civic […]
Posted inBusiness Transformation, Journalism Funded by Philanthropy, Lab for Journalism Funding, Latest News
Start with why: How The Post and Courier rallied its community to support investigative journalism
By Frank Mungeam • LMA Chief Innovation Officer The Post and Courier (Charleston, S.C.) launched a bold initiative on Feb. 14 to fund a local investigative journalism team through community contributions. Its announced goal: Raise $100,000 in 100 days. In the first seven days, the publisher raised $44,993 – nearly half its 100-day goal. The […]
Posted inBusiness Transformation, Events, Journalism Funded by Philanthropy, Lab for Journalism Funding, Latest News
Journalism funded by philanthropy: 5 questions local news outlets should address to prepare for a funder pitch
By Emilie Lutostanski • Director, Local News Resource Center As much as one-third of a midsized newsroom’s reporting could ultimately be funded through philanthropy, Joaquin Alvarado of The Seattle Times told attendees at a virtual workshop on funding journalism, part of LMA’s Accelerate Local 2021 virtual event. In two interactive workshops offered as part of […]
Posted inJournalism Funded by Philanthropy
Getting to ‘yes’: How NOLA expanded its investigative reporting with philanthropic funding
Every good media salesperson knows: Overcoming a client’s objections is key to getting to “yes.” The same is true when seeking to fund essential local journalism via philanthropy. Since 2020, The Times-Picayune | The Advocate | NOLA.com has raised more than $2 million in philanthropy, dramatically expanding its investigative reporting to better serve the entire […]
Posted inBusiness Transformation, Journalism Funded by Philanthropy, Latest News
Lab applications open for LMA’s Center for Journalism Funding
15 publishers to be selected for 6-month program (August 12, 2020) — All local media companies are invited to apply for the first industry lab focused on funding journalism through philanthropy. Applications will be open for the next two weeks with a firm deadline of Aug. 26. Fifteen media companies will be invited to participate […]
Posted inNews
LMA, LMF welcome new board directors and officers for 2023
Strong boards set the strategic direction and tone of any organization. Local Media Association and Local Media Foundation are proud to announce officers and new directors for 2023. LMA is charged with the business health of local media companies, with a specific focus on reinventing business models for news. Directors and officers also have fiduciary […]
LMA Local News Summit: A gathering of LMA cohorts and partners
SCHEDULE Monday, Feb. 5 6:00 – 8:00 PM | LMA and LMF board dinner (board members and invited guests only) Tuesday, Feb. 6 8:00 AM – 5:00 PM | LMA and LMF board meetings (board members and invited guests only) 5:00 – 7:00 PM | Opening Reception at the Texas Tribune Studio, in partnership with our […]
Posted inBusiness Transformation, Journalism Funded by Philanthropy, Lab for Journalism Funding, Latest News, The Fund for Local Journalism
Built to last: Record-Journal creates Latino Communities Reporting Lab funded with philanthropy
By Frank Mungeam • LMA Chief Innovation Officer In the landmark business book Built to Last: Successful Habits of Visionary Companies, authors James Collins and Jerry Porras identify core characteristics of organizations built to succeed over the long haul. These companies embrace purpose, not just profits; they set “big hairy audacious goals” (BHAG); they are […]
Posted inNews
Why, 20 years later, are we still talking about funding, diversity, and press freedom?
Last week, Oct. 17-19, I had the pleasure of attending the Media Impact Funders Journalism Funders Gathering. The event provides an opportunity to strengthen connections among journalism funders, and for funders to discuss their work and share ideas with one another. This was the first time since the pandemic that the group gathered in person […]
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