‘The Correspondent’ is winning crowdfunded journalism with 40,000 paid subscribers
Dec01
Today, Dutch journalism platform The Correspondent announced it just reached 40,000 paying members. The feat is nothing short of amazing considering it started without a website — or any content for that matter — crowdfunded $1.7 million dollars, and continued to leverage this early success into a viable business and now into a true success story. But let’s back up a second. You can’t talk about crowdfunding without talking about what’s making us take a closer look at it. In this case, it’s declining ad revenue due to ad-blocking. No matter which side of the ad-blocking debate you fall on, both sides realize that…
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