Media News - Tuesday, November 24, 2009
Catalan journalist to launch Factual: a paid for, online only, news website
Arcadi Espada, a Catalan journalist who has frequently questioned the future of print journalism, is preparing to launch a new online only, paid for news website under the name of Factual. The daily news site, which kicks off with a starting budget of EUR 250, 000 will charge its customers an annual fee of EUR 50 for access to unlimited content and is expected to officially go live on November 30, according to El Mundo. To warm things up Espada has circulated a video via email, You Tube and other social media sites to explain the newspaper's philosphy that whilst «paper journalism has finished, the role of journalism has not» (the slogan plays on the Spanish word 'papel', which means both paper and role). The clip claims that «journalism is not for sale, but you should buy it» and citicises the current state of journalism saying: «the newspaper was born amongst citizens and has ended up living in power», accusing, «lying is not news». The launch comes on the back of the closure of popular Spanish news website Soitu, which shut down after just 22 months in production. Soitu, which was recognised as being at the forefront of online journalism, similarly believed that the printed word was no longer enough to satisfy readers and looked to incorporate viedos, comments, updates etc. into their website, even developing its own social network. (El Mundo via Editors Blog)
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