Articles about "Crowdfunding"


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Live chat replay: Will crowdfunding finance journalists?

The startup Beacon, one of the newer efforts to fund independent journalists, says it has signed up 100 journalists and several thousand subscribers.

Shane Bauer is now featured on the site, trying to attract funding so that he can … Read more

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Journalist tries to fund investigation with ‘dispatches from the trail’

Beacon | The Muckraker
Irish journalist Lyra McKee is using Beacon, a crowdfunding service for writers, to raise money to finish a book in which she investigates the last weeks of a local politician in Belfast named Robert Bradford, who was killed in 1981. Her campaign promises backers a chapter of her book every month until it’s published.

"Very few news outlets are funding investigative reporting right now," McKee tells Poynter in an email. "I feel like investigative journalism has been driven out of the newsroom because editors want quick results. The economic turmoil of the industry means they're answering to accountants now rather than their readers."

Why not try for a grant? I asked. "The problem with grants is that everyone's chasing them," McKee replied. "This is the thing that really bugs me about our industry: everyone's looking for the handout but very few are thinking about business models and how we're going to make the craft sustainable." Through crowdfunding, she writes, "I can offer people something in return."
McKee working the phones.
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Radio show seeks funding to uncover undercovered America

A few days before the government shutdown, the former co-host of “The Takeaway” launched a Kickstarter campaign to raise $92,000 for an independent radio show covering the often-ignored world between the two coasts.

But because of the Washington stalemate, the … Read more

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Change in securities law may let audience rescue NSFWCorp, CEO writes

PandoDaily | The New York Times
NSFWCorp CEO Paul Carr needs to raise money, and fast.

As I’ve said before, if we were a bullshit app with the kind of press we’ve enjoyed and as many paying customers as we have, we’d be drowning in investors. But we’re a “content company” which no Silicon Valley VC will touch with a barge pole.
A change in securities law that went into effect Monday "establishes a mechanism for ordinary people to make small investments in small companies," Robb Mandelbaum writes. But the change may come too late for Carr's online/print hybrid publication, he writes.

And it’s for that reason that companies outside the valley, generally, and media companies like ours, specifically, have the most to gain from today’s change in the law. Finally we can do what we do best: tell our story, loudly and clearly, to an audience who are already predisposed to hearing it.

The only question, for NSFWCORP at least, is whether that audience has enough time to act.
Related: Journalism’s Least Safe and Most Intriguing Site: NSFWCorp.com (The Daily Beast)
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Crowdfunding campaign aims to buy Tribune’s papers

Indiegogo.com
While concerns among some journalists mount concerning interest from Rupert Murdoch and the Koch Brothers over the sale of the Tribune Co., activist group The Other 98% proposes a different kind of community journalism. They've begun a campaign on Indiegogo.com called Free The Press, which aims to raise $660 million to "democratize the Tribune Company."

"The only people who are bidding on it right now are infamous right-wing Billionaires, who are likely to pay something around a $660 Million pricetag to control a big slice of trusted news media," the campaign reads. "Instead of sitting back an allowing whichever victor to manipulate us through the media, we've decided to stage an intervention. And we want you to join us." (more...)
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Planet Money’s crowdfunded T-shirt project surpasses goal by more than $200,000

Kickstarter | Current.org | Baratunde Thurston
Donors to Planet Money's crowdfunded project to report out the life of a T-shirt have contributed more than five times the amount of cash the program hoped to raise in a Kickstarter campaign. In its pledge, the program says it will:

...Meet the people who grow the cotton, spin the yarn, and cut and sew the fabric. We'll ride on the cargo ships that bring our t-shirt from factories in Bangladesh and Colombia to ports in the US. And we'll examine the crazy tangle of international regulations which govern the t-shirt trade the whole way.
With eight days to go, the NPR show's campaign has raised more than a quarter-million dollars, far beyond the $50,000 goal it set at the project's outset. Donors who pledge $25 will receive a T-shirt, which features a squirrel holding a cocktail. (more...)
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What do we mean by ‘longform journalism’ & how can we get it ‘to go’?

A Kickstarter project run by two journalists raised $50,000 in just 38 hours last week and has raised a total of $87,297 so far. The goal of the project, called “Matter,” is to “publish a single piece … Read more

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Spot.Us becomes part of Public Insight Network

DigiDave | American Public Media
American Public Media has acquired Spot.Us and will integrate it with its crowdsourcing platform Public Insight Network. The two operations "create a media that is more responsive and responsible to the public’s needs," writes Spot.Us founder David Cohn on his blog. Cohn tells me by email that at some point, journalists working on a single story could utilize both the crowdfunding and crowdsourcing parts of the operation:
Some people prefer to donate talent, others prefer to donate funds. If a single organization used both PIN/Spot (which will become easier as the two merge at a technical level) they could do create a relationship with the audience that includes both possibilities. We did one early example of this at Spot.Us. We raised funds for an Oakland Tribune reporter to cover potholes in oakland. The money went to the freelancer to do the reporting. But we also got 15 bikers together and we biked in all different directions in Oakland and created a map of the worst potholes we could find (the bikers were donating talent). The result was a well reported story funded by the community along with some insight that only the community could provide (or a single reporter who did a LOT of biking).
One thing will not change, he said: "On Spot.Us, sources cannot donate to a story. ... We may put in a restriction that somebody can donate talent OR funds - but maybe not both." (more...)
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Columbia Missourian turns to online donations to fund records request

Spot.us The Columbia Missourian is using crowdfunding site Spot.us to raise $500 for an open-records request. The newspaper sought a copy of the city of Columbia's parking ticket records, and was told to pay $500 for an outside vendor to convert the "arcane" database into something usable. The Missourian is paying $150, and is asking supporters to pitch in the other $350 (the Missourian is owned by a nonprofit and operated by the University of Missouri School of Journalism, so money is tight). As of Friday afternoon, 53 people had raised more than $425, leaving the campaign only $75 short of the goal.
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From crowdfunding to data-driven journalism, four ways the Knight News Challenge is shaping the future

As the Knight News Challenge prepares to announce its fifth group of winners today, we looked back at the previous four years, in which 63 projects received nearly $22 million.

The Knight Foundation has spread that money around, … Read more

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