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Your weekly newsletter on media funding, large-scale grants, impact investment, audience revenues and more. Powered by the Center for Sustainable Media.

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Latest Issues

Protect the information ecosystem, not every organisation

The case for consolidation, AI’s dependence on the people it displaces, $3m in reader revenue in Memphis, a Capital Stacks session for partners, and 22 active funding calls.

This week on Media Finance Monitor

5 days ago
1
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The most lucrative piece of journalism ever published

Last week the Boston Globe published a feature about a lesbian bar in western Massachusetts that still required KN-95 masks, but decided to make Saturdays mask-optional in the hopes of attracting more patrons. The decision split the communi...

11 days ago
9

We launched Capital Stacks of Journalism

In 2025 the two of us shared a stage at the Impact Days in Vienna, on a panel about funding journalism. Afterwards, someone from the audience who did a little investing came over with a confession: they had never thought of journalism as so...

13 days ago
6

The AI influencers would like to see your newsroom’s budget

OpenAI’s interest in creators, the hard work of publishing less, Capital Stacks of Journalism is in print, local newsrooms profitability story and 28 active calls.

Welcome!

19 days ago
Paid

The tedious economics of sudden press freedom

We built a dashboard tracking where Hungarian taxpayers sent their 1%. For independent media, this may have been the high-water mark.

For the past few weeks I have been trying to figure out the new Hungarian government’s secret plan for th...

a month ago
1
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Authors

The writers behind this newsletter.

  • Peter Erdelyi

    Founding director of the Center for Sustainable Media. Consults for MDIF and teaches digital media strategy at the ELTE University in Budapest. Researched digital audience revenue strategies in CEE and the Global South at Oxford.

  • Sebastian Esser

    Journalist building things. CEO, Steady

  • María Paula Ángel Benavides

    Communication and Media.

  • Sudeshna

    A perpertually curious and tired woman hoping to share her love for all things journalism, writing, identity, womanhood, food, and cinema.

  • Isabela Pop
  • Alinda Veiszer

    2002-2006 Klubradio 2004-2012 MTV (Hungarian Public Media) 2012-2015 freelancer 2015-2018 Hír tv (News Channel) 2018- freelancer (www.patreon.com/veiszeralinda)

  • David Kardos

    EU policy expert and Advocacy Director at CSM. Former EP advisor on digital legislation, media policy, and rule of law. Supporting sustainable journalism and fundamental rights. Experienced in EU Budget and controls for democratic accountability.

  • Daniel Baranya
  • Milo Tesselaar

    (Media) Entrepreneur & strategist. In between sectors, institutions and ideas. Thinks big, works concrete. For Vienna, for Austria, for Europe and with whomever is serious about systemic change.

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