INMA Subscription Benchmarking Service
C. How do you compare?

III. Registration Scorecard

Your news brand vs. benchmarks for selected tiers

Your brandYour regionYour target marketYour tenureYour paywall typeYour contentYour market sizeYour sub's base sizeYour website sizeYour ARPUYour LTV
Brand #11Europe/ Middle East/ AfricaNational2016-2018Freemium paywallNews - quality2m-10m50k-100k1.25m-2.5mbelow $6below $85

1. Share of the known audience

Ratio of known users to online users between Q1 2019 and Q1 2026, in %, by quarter

Distribution in Q2 2026 — aggregation: Median
Aggregation methodYour brandWhole worldYour regionYour target marketYour tenureYour paywall typeYour content formulaYour market sizeYour sub's base sizeYour website sizeYour ARPUYour LTV
Top distribution-64.4%49.7%76.7%43.9%73.0%64.3%94.8%95.8%61.0%49.7%38.6%
Upper quartile-41.5%16.7%35.7%29.9%23.8%45.0%50.1%43.7%39.2%34.0%8.7%
Median-16.5%5.1%19.4%18.9%12.7%13.4%21.9%18.7%12.2%17.4%1.9%
Bottom Quartile-3.1%1.7%7.5%5.9%7.1%2.4%12.3%5.9%5.9%2.4%1.5%
Bottom distribution-1.5%1.1%4.2%2.8%4.6%1.3%4.7%5.6%2.2%1.4%0.9%

2. Newsletter opt-in rate

Ratio of newsletter recipients to online users between Q1 2019 and Q1 2026, in %, by quarter

Distribution in Q2 2026 — aggregation: Median
Aggregation methodYour brandWhole worldYour regionYour target marketYour tenureYour paywall typeYour content formulaYour market sizeYour sub's base sizeYour website sizeYour ARPUYour LTV
Top distribution-80.9%93.7%33.7%64.3%16.4%87.6%40.2%103.6%93.4%34.2%71.3%
Upper quartile-19.6%68.9%20.6%18.1%9.2%15.4%14.6%93.0%12.2%30.2%34.9%
Median-6.5%7.9%10.5%6.0%4.5%6.0%7.8%11.2%6.5%5.9%7.1%
Bottom Quartile-2.9%3.5%3.9%3.9%1.5%2.8%2.9%4.6%4.0%3.5%2.5%
Bottom distribution-1.0%0.9%1.5%1.6%0.6%1.0%1.5%4.0%1.5%1.5%0.7%

3. Newsletter open rate

Ratio of newsletter opens to newsletter sends between Q1 2019 and Q1 2026, in %, by quarter

Distribution in Q2 2026 — aggregation: Median
Aggregation methodYour brandWhole worldYour regionYour target marketYour tenureYour paywall typeYour content formulaYour market sizeYour sub's base sizeYour website sizeYour ARPUYour LTV
Top distribution-62.5%60.0%64.3%65.5%62.3%61.9%67.1%56.7%62.7%68.1%60.0%
Upper quartile-54.4%48.2%55.4%57.3%53.9%53.4%60.2%55.5%54.5%60.0%53.5%
Median-43.4%43.1%40.5%47.9%45.2%43.5%52.7%50.9%45.1%40.5%42.1%
Bottom Quartile-36.4%34.3%27.4%28.9%31.6%37.0%27.9%39.0%33.5%29.6%36.6%
Bottom distribution-25.1%27.4%21.7%25.4%23.7%24.9%22.2%34.8%21.7%27.3%28.4%

4. Newsletter click-through rate

Ratio of newsletter clicks to newsletter sends between Q1 2019 and Q1 2026, in %, by quarter

Distribution in Q2 2026 — aggregation: Median
Aggregation methodYour brandWhole worldYour regionYour target marketYour tenureYour paywall typeYour content formulaYour market sizeYour sub's base sizeYour website sizeYour ARPUYour LTV
Top distribution-12.7%13.2%9.1%14.6%9.1%12.9%12.8%10.1%13.0%16.7%13.2%
Upper quartile-7.3%8.3%5.1%9.7%6.4%7.4%6.3%7.9%8.3%13.0%10.1%
Median-4.2%5.5%2.8%6.9%4.5%4.5%4.8%3.9%4.0%3.7%5.3%
Bottom Quartile-2.4%3.5%1.3%2.9%2.7%2.6%3.1%3.3%2.4%2.3%3.2%
Bottom distribution-1.2%2.2%0.6%1.0%1.1%1.6%2.1%2.8%1.5%0.8%2.1%

5. Size of the e-mail newsletter list

Change in the average monthly number of newsletter recipients since Q1 2019, in %, by quarter

Distribution in Q2 2026 — aggregation: Median
Aggregation methodYour brandWhole worldYour regionYour target marketYour tenureYour paywall typeYour content formulaYour market sizeYour sub's base sizeYour website sizeYour ARPUYour LTV
Top distribution-1911.3%676.5%38289.9%77256.9%61473.1%1323.6%1014.9%57.6%19542.5%368.6%368.6%
Upper quartile-147.3%113.0%478.7%31666.1%9570.4%150.1%181.2%38.8%109.3%222.3%222.3%
Median-63.2%65.3%110.3%221.4%125.5%57.6%94.8%7.3%66.7%119.9%119.9%
Bottom Quartile--1.8%51.0%65.3%41.0%55.0%-10.8%60.8%-10.3%-12.1%67.2%67.2%
Bottom distribution--33.4%10.8%34.3%0.4%10.8%-36.0%21.5%-20.8%-31.9%10.2%10.2%

6. Opens per opt-ins rate

Ratio of newsletter opens to newsletter recipients between Q1 2019 and Q1 2026 by quarter

Distribution in Q2 2026 — aggregation: Median
Aggregation methodYour brandWhole worldYour regionYour target marketYour tenureYour paywall typeYour content formulaYour market sizeYour sub's base sizeYour website sizeYour ARPUYour LTV
Top distribution-22.811.517.426.520.122.225.616.722.226.913.3
Upper quartile-16.58.912.014.914.916.719.014.416.814.76.1
Median-9.12.88.68.78.79.78.910.28.89.70.5
Bottom Quartile-1.20.44.12.24.10.65.12.13.02.80.4
Bottom distribution-0.40.41.00.52.90.40.60.50.50.40.3

7. Clicks per opt-ins rate

Ratio of newsletter clicks to newsletter recipients between Q1 2019 and Q1 2026 by quarter

Distribution in Q2 2026 — aggregation: Median
Aggregation methodYour brandWhole worldYour regionYour target marketYour tenureYour paywall typeYour content formulaYour market sizeYour sub's base sizeYour website sizeYour ARPUYour LTV
Top distribution-2.22.01.75.32.22.22.41.62.05.61.2
Upper quartile-1.51.11.02.21.81.61.71.21.41.50.4
Median-0.70.20.50.51.00.91.10.90.90.50.1
Bottom Quartile-0.10.10.20.10.30.10.40.10.10.20.0
Bottom distribution-0.00.00.10.10.10.00.10.10.10.10.0

8. Clicks to opens rate

Ratio of newsletter clicks to newsletter opens between Q1 2019 and Q1 2026, in %, by quarter

Distribution in Q2 2026 — aggregation: Median
Aggregation methodYour brandWhole worldYour regionYour target marketYour tenureYour paywall typeYour content formulaYour market sizeYour sub's base sizeYour website sizeYour ARPUYour LTV
Top distribution-25.5%30.3%19.1%25.9%25.9%23.3%28.9%18.9%29.1%25.4%28.3%
Upper quartile-16.5%18.9%11.7%19.8%14.1%17.0%14.9%17.8%17.7%20.7%20.3%
Median-9.5%12.7%7.4%12.3%10.0%9.7%10.8%11.2%10.2%10.0%11.8%
Bottom Quartile-6.0%9.5%3.6%6.9%6.7%6.7%8.3%7.2%5.9%7.8%8.5%
Bottom distribution-3.4%4.3%2.4%3.8%2.7%4.5%3.8%6.0%3.9%1.5%5.9%