Editors Weblog translates a report from El Mundo on Catalan journalist Arcadi Espada, who is to launch a paid-for news site, Factual, on November 30.
The site will charge €50 a year for access to unlimited content and has a starting budget of €250,000.
According to the report, Espada has been a staunch supporter of the growth in online-only news websites in favour of print publications. The launch of Factual, however, follows the closure of award-winning Spanish news site Soitu.es last month.
Introductory video from Factual – in Spanish – below: