Skoeps.nl, a citizen-journalism venture, closed down last week after its owners declared it unprofitable. The business plan seemed simple enough to succeed: Find loads of money, Advertise massively, and Share advertising and syndication revenue with writers. The plan worked, except that there wasn’t enough revenue to share. Skoeps cash-flow was in the black, which means that, if investors refused to
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Here’s the latest update from the team at JournalismEnterprise.com. This post is part of February’s Blog Carnival of Journalism. Neaju, says Nicolas Kayser-Bril is “a smart way of making money using other people’s sweat … The total lack of journalistic work is a clever way to reduce costs. But it certainly doesn’t create any value for readers, who would have
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