Case files / The working collection
Real publications. Visible trade-offs.
Documented publisher cases and worked examples, with the costs, operating choices and limits of the evidence kept in view.
Documented cases draw on real public records. Two worked examples use invented inputs and remain clearly labeled hypothetical.
Hell Gate ↗Publisher case / Subscriptions
The local newsroom's 2025 report makes its recurring revenue, collected subscriptions and promotion risk visible without turning a forecast into a result.
Source: 29 September 2025
Documented public sourcesRead · 3 min ↗
Aftermath ↗Publisher case / Subscriber planning
A worker-owned games publication publishes approximate thresholds for work it hopes to fund, while its founders describe the hidden labor behind a reader-supported site.
Source: 7 April 2025
Documented public sourcesRead · 3 min ↗
The Bristol Cable ↗Publisher case / Membership and grants
Its 2024 campaign shows how a time-limited challenge connected recurring member contributions to a grant, with cooperative voting kept separate from payment size.
Source: 29 August 2024
Documented public sourcesRead · 3 min ↗
David Levene / The Guardian ↗Publisher case / Reader revenue
Its 2024/25 disclosure shows substantial digital reader income alongside an operating cash outflow, a useful distinction for anyone copying the appeal rather than the whole operation.
Source: 11 September 2025
Documented public sourcesRead · 4 min ↗
Defector ↗Publisher case / Subscriptions
The worker-owned publication's Year 5 report separates steady subscription revenue, smaller other streams and the cost of operating the newsroom.
Source: 19 November 2025
Documented public sourcesRead · 4 min ↗
Sharon Attia / 404 Media ↗Publisher case / Audience and subscriptions
Its first-year account documents founder investment, subscription-funded reinvestment and a registration choice, while leaving most business metrics undisclosed.
Source: 22 August 2024
Documented public sourcesRead · 4 min ↗
Lorianne Willett / The Texas Tribune ↗Publisher case / Nonprofit revenue
A nonprofit newsroom's 2024 annual report illustrates diversification with clearly different payers, and why an events line is not the whole events strategy.
Report period: 2024 · Source date not stated
Documented public sourcesRead · 4 min ↗
Glenn Carstens-Peters / Unsplash ↗Worked example / Sponsorships
A worked month shows why a fixed sponsor can matter more than a second revenue widget, while still leaving concentration and delivery questions unresolved.
Hypothetical modelRead · 3 min ↗
Bernd Dittrich / Unsplash ↗Worked example / Ad operations
A direct-priority and network-fill model can look profitable until sales time, tech cost, and the counterfactual for unsold inventory enter the ledger.
Hypothetical modelRead · 3 min ↗