German journalists launch crowd-funded magazine

Jun 13, 2014

(AP)—A group of German investigative reporters have succeeded in raising enough money through crowd funding to launch a new online magazine.

The project hit its target of 900,000 euros ($1.2 million) after one month, shortly before the deadline Friday.

The 28 journalists behind the project, called Krautreporter, claim tabloid-style journalism is creeping into serious online publications and say "many media are more interested in clicks than stories."

Supporters, who each pledged 60 euros, will receive at least four in-depth, ad-free articles a day for a year and event invitations.

The model follows similar projects in the United States and the Netherlands. Germany's media industry has come under heavy economic pressure from falling revenues and the rise of free online publications in recent years, leading to several closures.

Explore further: How media can boost online revenue

More information: Website: www.krautreporter.de

2 /5 (1 vote)
add to favorites email to friend print save as pdf

Related Stories

How media can boost online revenue

May 02, 2014

It's an ongoing debate for online publications: How much content should be free and how much should go behind a paywall?

Facebook woos journalists with 'FB Newswire'

Apr 25, 2014

Facebook launched Thursday FB Newswire, billed as an online trove of real-time information for journalists and newsrooms to mine while reporting on events or crafting stories.

Germany's top-selling tabloid to introduce paywall

May 27, 2013

Europe's top-selling newspaper said Monday it will introduce a paywall for part of its online offerings starting next month. Main news stories will remain free of charge online, but a subscription will be ...

Recommended for you

Meerkat vs. Periscope: Live-streaming app battle & buzz

Mar 27, 2015

Download Periscope, Twitter's just-launched live video-streaming app, and you'll find people broadcasting all sorts of mundane stuff: waiting for AT&T to fix their wiring, getting out of bed in Silicon V ...

Twitter chief vows to help Indonesia fight disasters

Mar 26, 2015

Twitter chief Dick Costolo said Thursday the microblogging site planned to work with Indonesian authorities to warn people about natural disasters that regularly hit the archipelago, from earthquakes to volcanic ...

User comments : 0

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.