‘I’m playing the long game’: Journalists are striking out alone and discovering the business is toughest beat of all

Independent journalism is structurally viable for the first time. The infrastructure is there. The audiences are there. What’s lagging is business fluency, and journalists are learning it the hard way. 

According to CNTI’s latest research, only three of 26 “indie info providers” — the report’s term for people delivering factual information via personality-driven brands — interviewed fully fund their lifestyle from their work. Nearly half (12) of those interviewed can’t cover it at all. Fewer than one in three has a developed business strategy.

“It is not one-way traffic with journalists leaving to become creators,” said Laura Darcey, research analyst at Enders Analysis. “Journalists that have grown up within legacy media can find new freedoms and monetization opportunities by branching out alone, but we’re not about to see a mass exodus. Journalists will find themselves competing in the broader attention and subscription economy where challenges of subscription fatigue and limited discretionary spending apply.”

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‘Fear of believing you’re irrelevant’: Economic headwinds, global tensions won’t keep marketers from Cannes Lions

Come hell or high water, marketers plan to be at this year’s Cannes Lions International Festival of Creativity. Despite ongoing global political tensions, execs justify the trip to the South of France as the cost of doing business. 

Cannes (this year from June 22 to 26) has long been the industry’s can’t miss event. Yes, there’s the lavish award ceremonies, schmoozing on yachts and star-studded concerts. But marketers’ justification for going is more than in-person serendipitous moments. It’s about business growth, relationship building, showing face and perhaps most importantly, proving value. 

However, there’s a stark difference in the reality outside the French Riviera: inflation, mass layoffs and geopolitical conflict.

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