Making public interest information financially sustainable.
We work with digital news publishers, creators, media funders and policymakers to improve the financial sustainability of information ventures in Europe and beyond.
We advise on audience revenues, commercial partnerships, business, product and content development and choosing the right technology.
We work with the largest media funders and developers (private and public) on investment strategies, partner selection, due diligence and program implementation.
We work with decision-makers to secure fair, stable and equitable funding for digital media and to introduce new mechanisms like matching funds and investment subsidies.
What we do
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Journalism is investable.
Capital Stacks of Journalism exists to crowd in more capital—from private investors, philanthropy and the public sector—by showing where journalism can build viable businesses, how they are financed, and what makes them work.
The CSM Partnership Program
For organizations that want direct access to our expertise, intelligence and advocacy work, all year round.
Questions about the program? An individual journalist, a small local newsroom, a community outlet or simply can't afford the fee right now? Reach out anyway and we'll figure it out.
GET IN TOUCH ABOUT THE PARTNERSHIP →Know who wins EU media funding before you apply
The EU Funding Dashboard covers more than 800 EU-funded journalism and public-interest information projects from 2014 to 2026: over €870 million awarded to more than 1,800 organisations. See who wins, who they apply with and what the Commission funds. Vetting a partner? Check their EU grant history and typical grant size. Sizing a bid? See the typical ticket per stream and the coordinator premium. If you are preparing an EU proposal, start here.
Media Finance Monitor
The weekly newsletter where newsroom leaders, funders and media entrepreneurs come to understand how money really moves through the information ecosystem — funding calls, business models, policy and platform shifts, decoded into strategies you can use.
READ THE LATEST EDITION →