Local Media Consortium and Google News Initiative Announce Release of Guide to Digital Advertising Revenue for Small and Medium Publishers
NEW YORK, May 28, 2021 / PRNewswire / – The Google News Initiative (GNI), in partnership with the Local Media Consortium (LMC), today announced the release of the Guide to GNI advertising revenue, a comprehensive guide for small and medium-sized news agencies on how to successfully monetize web content and increase digital ad revenue. It is one of the pillars of the RNB Digital Growth Program, which also includes audience development, reader revenue, data and products.
The manual is designed to educate both publishers who do not yet have a digital advertising business or want to better understand the basics of programmatic advertising, and those who already have a digital advertising business but are looking for ways to ” improve their strategies or acquire new knowledge. to improve income. Through its six chapters, the manual provides a detailed, step-by-step overview of the basics of digital advertising, improving audience engagement and website performance, developing sales solutions, building an advertising team and management of advertising campaigns.
“Digital advertising is a great way for local publishers and broadcasters to increase their revenue, but many don’t have the resources or the know-how to start or maximize their digital advertising revenue,” said Fran wills, CEO of LMC. “We are confident that the GNI Advertising Revenue Playbook will be a very valuable and widely used resource for small and medium-sized media outlets around the world to launch a digital advertising program or optimize the one they already have.
Along with the release of the playbook, GNI and the LMC will be hosting a series of free workshops that align with the content of the playbook. From June 1, the workshops will feature experts from GNI, LMC and other digital media speakers and consist of four sessions during the month of June. Anyone interested in participating in the free workshops can register here.
- Workshop 1: Establishment of the bases and constitution of your team (June 1, 2:00 p.m. EST)
- Loudspeakers: Chad gilley (Maine today), Fran wills (LMC), James Byrd (OpsCo), Orli Ziv (Google)
- Panel of experts: concrete examples and good practices in the creation of effective and sustainable digital advertising companies (June 7, 2:00 p.m. EST)
- Loudspeakers: Maria bastidas (MundoHispanico), Pete Doucette (Philadelphia Inquirer), Willy Grant (Great West Media), moderated by Fran scarlett (Scarlett Ink Media)
- Workshop 2: Leverage your audience to accelerate ad revenue (June 14, 2:00 p.m. EST)
- Loudspeakers: Brian troyer (Grist), Fran wills (LMC), Kevin Flores (Google), Susan scott (Blue Engine Collaborative)
- Workshop 3: Packaging, pricing and optimization of your advertising offers (June 28, 2:00 p.m. EST)
- Loudspeakers: Fran wills (LMC), James washington (The voice of Atlanta), Katie wilkerson (10up), Orli Ziv (Google)
“The impact of COVID-19 has compounded the financial pressure already felt by news agencies large and small,” said Ben monnie, director of global news partnerships solutions at Google. “The GNI Advertising Revenue Playbook, which aims to help local media increase their revenues through digital advertising, aspires to help news agencies around the world overcome the current crisis and build sustainable digital businesses.”
About the Google News Initiative
the Google News Initiative represents Google’s effort to help journalism thrive in the digital age. Through its partnerships, programs and products, the Google News Initiative works with thousands of organizations around the world to support quality independent journalism, financial sustainability, and the development of new technologies that drive innovation. Google allocated $ 300 million more than three years to energize these collaborations and lay the foundations for new products and programs for a diverse set of news publishers, for the benefit of the entire ecosystem. Find out more about the 2020 GNI Impact report.
About the Local Media Consortium
The Local Media Consortium delivers economic value through partnerships and strategic initiatives on behalf of more than 100 local media companies in major markets across United States, Canada and Porto Rico, and includes more than 5,000 newspapers, radio, television and online-only media. LMC delivers more $ 50 million in annual financial benefits for its members by leveraging their combined volume and scale to reduce costs and increase revenue with technology and service providers such as Google, Facebook, Monster and others. The LMC has also launched several strategic initiatives to provide cost-effective shared services and aggregate advertising revenue opportunities for its members, such as The branded content project, The Matchup, NewsNext and NewsPassID. According to ComScore, LMC’s aggregate audience footprint covers 212 million unique visitors per month and reaches 80% of the online audience in the United States. More information is available at http://www.localmediaconsortium.com/.
Kristin brocoff, 949-400-4899
SOURCE Local Media Consortium