Financial sustainability for the media

Strengthening the sustainability of independent media is a global democracy issue. Media cannot exist without funding.

On the other hand, too much financial reliance can affect editorial independence.

Gwenn Dubourthoumieu / Fondation Hirondelle / Transmitter in Obo, CAR / 2022

In the countries where we work, the sustainability of media outlets is linked strongly, but not exclusively, to their financial viability. We have identified the following 4 areas of viability, which we work on in a complementary manner in order to allow media to remain independent and deliver public service over the long term:

  • Economic viability: diversifying sources of funding in the context of the failure of the media’s business model
  • Institutional viability: media ownership, governance and management that guarantee editorial independence
  • Editorial viability: continuous education for journalists and understanding audience needs in order to better respond to them
  • Technical viability: sustainable means of production and broadcast

In addition to these challenges, we must address the issues of political commitment to press freedom and independence, and local ownership of media development. For almost 3 decades, Fondation Hirondelle has been supporting independent public service media and contributing to their sustainable development in complex situations.

Diversifying sources of funding:

Our organisation does not possess its own capital or funds to invest and run the media we create and support. Rather, we work to earn the trust of our partners: governments, co-operation organisations and private foundations. Fondation Hirondelle selects, multiplies and also limits the organisations we rely on for funding, our red line being that financial support must never be linked with editorial control. This is the model we present to our partners.

We create and support revenue-generating structures and activities in the most fragile countries, making it possible to build a hybrid business model that adheres to charters guaranteeing strict respect for editorial independence.

Every year, we struggle to achieve a financial balance. Over our 30 years of activity, several of the media outlets we have created or supported have closed due to lack of funding. At the same time, others have continued to fulfil their mission against the odds. Each experience guaranteed that control over content remained firmly with the editorial team, even while testing a new model to continue learning and looking for solutions.


Examples of media projects

Central African Republic 

Created in 2012, Central African Republic station Radio Ndeke Luka’s advertising agency offers targeted ad content for private businesses looking to publicise their services and products. In this way, the agency contributes to building a system of resources for Radio Ndeke Luka, as well as to the development of the national economy. In addition, the station provides institutions, the government, and development and humanitarian organisations with a service by producing and broadcasting awareness-raising, educational and discussion programmes about general interest topics (public health, education, transitional justice, etc.).

Learn more about the project

BRAVE (Benin, Cameroon, Mali)

As part of the BRAVE project, notably implemented in Benin, a feasibility study was conducted to strengthen the sustainability of media outlets in the country. The study explored the possibility of creating a coalition of sector stakeholders — including national and local media, advertisers, communication and advertising agencies, and an audience research firm — to establish regular audience measurement systems.

Its objective was to formulate recommendations for viable models, particularly to ensure long-term financial sustainability and to foster collective ownership among stakeholders around these audience measurement mechanisms — an undeniable commercial lever for advertisers and a compass for impact and relevance for media outlets.

Learn more about the project

Media Viability Manifesto

In response to the economic crisis affecting journalism worldwide, Fondation Hirondelle participated in 2024 in the development of the Media Viability Manifesto, in collaboration with 12 other media development and support organizations. The Media Viability Manifesto provides a common framework that is essential for any joint action aimed at strengthening independent media.

The MVM proposes: 1. a common definition of media viability; 2. a shared theory of change for media viability; 3. a typology of existing tools and approaches in the field of media viability. The Media Viability Manifesto thus paves the way for greater conceptual clarity, systematic exchange and learning; more strategic and coordinated collaboration among the various stakeholders; and better harmonized practical implementation in the field of media viability.

Download the MVM



REFERENCE Documents

Capitalisation study on Fondation Hirondelle Sustainability Activities by Michel Leroy

Mediation: Financing independent media: a global challenge

Media Viability Manifesto



Find out more about our research on these topics here



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