In the final episode of the podcast series Down, but Not Out, produced by CEU Democracy Institute’s Center for Media, Data and Society, Dumitrita Holdis and Justin Spike discuss with Monia ben Hamadi, editor-in-chief of Inkyfada, a Tunisia-based independent media organization, and Marius Dragomir, Director of the Center for Media, Data and Society an increasingly popular funding strategy for small, independent media organizations: hybrid business models.

These are models where media outlets combine revenues from various sources as a means of financing their journalistic work. These business models usually involve a mix of small donations or subscriptions from audiences, grants from big donors like foundations, and from selling services or specialized products.