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Slovakia is latest to prove subscription model online

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Home page of Dennik N Contrary to all the predictions about the public's unwillingness to pay for news when it is freely available online, more publishers of high-quality, in-depth reporting are making money. The latest example comes from Slovakia, as recounted by Rob Sharp in Nieman Lab . The editors of a popular national newspaper there discovered that a news organization tainted by corruption accusations was about to buy a significant stake in their paper. Versi�n en espa�ol Anticipating restrictions on their work, the editor, Matus Kostolny, and a team of his lieutenants decided to start an independent online news publication, Dennik N . As Sharp describes: The outlet attracted �1 million of private investment and advanced subscriptions of around �300,000. They launched their daily website in January 2015, and a printed paper shortly afterward. Now, just over two years later, they are among the top five quality newspaper websites in Slovakia. In a country of 5.4 million people,...

Investor sees 'great returns' from new digital media

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Vucinic, photo by Ted.com Many media investors see disaster everywhere they look, as traditional media lose audience, revenues, and relevance. Sasa Vucinic, co-founder and co-managing director of North Base Media , sees great investment opportunities, especially in developing markets, such as Central Europe, Asia-Pacific, and Latin America. "We invest in serious digital-only media oriented toward the younger audience that can disrupt their markets. And we think it�s a phenomenal business that will bring great financial returns." Vucinic, who began his journalism career in Serbia, has been a crusader for media organizations that tell the truth about corrupt, oppressive regimes. I reached him via Skype in South Korea, where he was looking at investment opportunities. I wanted to ask him about social purpose investing , where investors direct their money toward organizations that not only give a financial return but also have a positive impact on society. Versi�n en ...