TheStar.com: Alternative funding avenues for investigative journalism

The Toronto Star’s John Honderich looks at five options for funding investigative stories in Canada. These are already relatively well-known examples among journalist/media commentators and bloggers, but Honderich’s post is an interesting read.

• Government funded or subsidised journalism
• Independent non-profit newsrooms, a la ProPublica.
• Using private foundations, such as Philip Stern’s the Fund for Investigative Journalism
• Participatory investigative journalism, e.g Spot.us
• Journalism students working in tandem with investigative reporters

Full story at this link…

Similar posts:

• ProPublica editor-in-chief on a changed world: ‘Investigative reporting in the web era’
• Non-profit investigative journalism centres around the world: a list
• Metaprinter: Huffington Post launches non-profit investigative project
• New York Times: AP to distribute non-profit journalism
• What would a UK-based ProPublica look like?

Reuters: Murdoch’s online operation to miss ambitious targets

The stressed state of the US economy is causing advertising budgets to shrink – causing News Corp to miss its ambitious online revenue target of one billion dollars by ten per cent, Rupert Murdoch said yesterday.

Reuters reported that the media tycoon claimed Fox Interactive Media – which runs the online part of his US empire, including MySpace – will however have “well over” $1 billion in revenue in the 2009 financial year.

Similar posts:

• Media Post: NAA reports shows online newspaper ad revenue down 13 per cent in first quarter
• Press Gazette: Subscriptions to WSJ.com rise by 88 per cent
• Mashable: Local accounting for 74 per cent of advertising revenue on Facebook, says report
• Reuters: New video news service debuts in June
• Reuters: UK online ads up 21 per cent despite fall in overall ad market

Paid Content: Ning raises 60m dollars – worth 500m

Social network in a box, Ning, has raised 60m dollars in a fourth round of venture capital money from ‘unspecified institutional investors’ taking valuation of the company to 500m, according to Paid Content.

The company raised raised 44m last summer, which then valued the company at $170 million – says PC.

Similar posts:

• News.com: Twitter gets more money
• What’s the Drudge Report worth?
• paidContent:UK: Subscription service SubHub secures new funding
• AFP: Australia’s Fairfax Media to shed 550 jobs
• BeatBlogging.org: Wired Journalists creator on how to get to grips with Ning