Media Outlet Hrodna.life Date of first publication 06/11/2024 Date of Latest Change 11/09/2024

8. Disclosure of Revenue Sources and Data Collection

The aim of disclosure is to be able to assess potential conflicts of interests. Media Outlets are encouraged to exceed the financial disclosure requirements mandated by their national laws in order to achieve this goal. In cases where the requirements cannot be met, a justification for non-compliance should be published.

8.1. Sources of Revenue

The Media Outlet shall disclose a list of its sources of revenue, ranked from largest to smallest. These may include subscriptions, advertising, major donors and donations, subsidies, fees, sales, memberships, sponsorships, events, etc. Organisations obliged to publish or make public their financial information shall provide a reference to the source where the data is accessible. The Media Outlet may disclose its revenue and/or the categories of its sources of revenue, including the respective ratios. A Media Outlet owned by the state or the government, or financed with public money, shall disclose the nature of its source(s) of revenue: license fees, government budget, partnerships, public subscriptions, grants, commercial advertising, or other. Where a media entity deems itself precluded from disclosure of information due to safety and security concerns as outlined in the Terms and Definitions section, these shall be explained.

What are the categories of sources of revenue for the Media Outlet, ranked from largest to smallest? These may include subscriptions, advertising, major donors, donations, subsidies, fees, sales, memberships, sponsorships, events, etc.

We are non-commercial structure, so our main sources of revenue are grants from different donors, mostly European funds. We also have a small source of revenue from donations via Patreon. For better sustainability, we work also with native and banner advertisement, gaining money as individual entrepreneur.

Is the Media Outlet required to make financial disclosures?

No

What is the revenue of the Media Outlet?

Nearly 90k EUR per year

What is the ratio of the categories of revenue sources (as in question no. 46)?

Budget structure in 2023:
- 90% from grants
- 8% from advertisement
- 2% from private donations

Is there any reason for safety and security that you have given incomplete data in this section?

Yes

What is the reason?

List of donors is confidential because of safety reasons.

8.2. Data collection disclosure

Where a Media Outlet processes personal data from its audiences, on its own or by engaging with third parties, that shall be disclosed. The Media Outlet shall describe what personal data is processed, by which methods and for what purpose.

Does your Media Outlet process any personal information from online visitors on its own or with third parties?

Yes

What information is processed?

We use Google Analytics, which collects data about visits and visitors, their geolocation and our website usage.

What is the purpose for gathering that information?

We don't use and store personal information and use only aggregated data provided by Google Analytics to understand audience and content trends.

By what methods is the information processed?

All information is stored and processed in Google Analytics.