Media Outlet TAFNIED LIMITED Legal Entity TAFNIED LIMITED Date of first publication 21/03/2023 Date of Latest Change 28/03/2024

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 transparently announce on our website the total revenue of the institution. In the first year of establishment, we relied on self-funding from partners totaling $15,000 (the total amount was announced on the website). In the second year, we relied on a combination of self-funding totaling $36,000 and the sale of media services worth $14,200 (the total amount was announced on the website). The third year was entirely reliant on the sale of media services to newsrooms and media companies. The total value will be announced on the website upon the completion of the official financial report for the year 2023.
https://tafnied.com/about-tafnied/

Is the Media Outlet required to make financial disclosures?

What is the revenue of the Media Outlet?

We transparently announce on our website the total revenue of the institution. In the first year of establishment, we relied on self-funding from partners totaling $15,000 (the total amount was announced on the website). In the second year, we relied on a combination of self-funding totaling $36,000 and the sale of media services worth $14,200 (the total amount was announced on the website). The third year was entirely reliant on selling media services to newsrooms and media companies. The total value will be announced on the website upon the completion of the official financial report for the year 2023.

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

2021: self-financing 100%
2022: self-financing 71% + Selling media services 29%
2023: Selling media services 100%

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

Yes

What is the reason?

We do not disclose the names of media institutions to which we provide paid services. This is because they are located in Egypt and other countries in the Middle East suffering from declining media freedoms. These institutions require non-disclosure of their names to preserve their security, as governments in these countries restrict the freedoms of independent media institutions. However, we are open to providing complete information directly to the evaluators without publicizing it.

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?

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