Market failure, creative destruction and 1 billion dollars in subscription revenues

New research claims the European Commission spends 50 million euros a year on supporting independent journalism.

This week on the Media Finance Monitor:

• Ten active grant calls (4 new)

• What governments can (and perhaps should) do to help the news industry;

• The European Commission spends around EUR 50 million a year on independent journalism;

• Misinterpreting shifts in subscription strategies;

• Two case studies of smaller publishers making audience revenues work;

• Newsroom data done right;

As always, we'll start with the most significant active calls at the top.

Support to Civil Society in Georgia 2024 - NEW

• Who: European Commission

• How much: EUR 1.000.000-1.200.000

• Funding rate: 50-95%

• What is it for: Tackling disinformation

• Submission deadline: 27th of February 2024

• Eligible countries: Georgia

Global Media Risk Mitigation - NEW

• Who: Bureau of Democracy Human Rights and Labor (DRL)

• How much: USD 750.000

• What is it for: Security training of journalists and NGOs

• Submission deadline: 8th of April 2024

• Eligible countries: Global

NEWS – Media Literacy

• Who: European Commission

• How much: Up to EUR 500.000 (at 70% funding rate)

• Wh…