Thursday 5 December 2013

Four ways crowdfunding for news is going to change journalism



Four ways crowdfunding for news is going to change journalism

Democratizing patronage for the news isn't simply about rejigging the Kickstarter model for journalism.

It's about looking at the nature of the business models for news that have worked in the past, and figuring out how to use technology to transfer the power and effect of the business model and value exchange implicit in patronage for news from the few to the many. This is what happened when the Internet transformed media by democratizing publishing and advertising, taking the ability to broadcast a message or story to as many people as would listen from the hands of a very few with printing presses and making it something that anyone could do, and be paid back for doing.

http://muckrack.com/daily/2013/12/05/four-ways-crowdfunding-for-news-is-going-to-change-journalism/

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