Author: Katie Carlin
AOL may have scaled back its Patch.com presence in 2013, but the market opportunity for regional publications is still alive and strong.
Community newsletters and magazines are timeless concepts, and they’re gaining in popularity in the digital ecosystem, too. Just take a look at the following study from Havas PR UK: local newspapers took the lead for most trusted and popular local news source. Despite this, print has been declining as a percentage of total revenue for local magazines since 2005. For local publications to hold their place in the minds and hearts of readers, a change in direction is a must.
Media brands like 5280 in Denver and D in Dallas have built strong followings in their local markets by experimenting with personalized newsletters, content marketing for their advertisers, and more channels for monetization. They’re riding the line between news and entertainment and have an opportunity to explore new monetization and engagement opportunities—And it’s not so daunting to do the same if you know where to start.
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