Media News - Friday, July 11, 2008
French pro-am news website gets million euro investment
Rue89, an online-only, pro-am news site launched last year by a team of former Libération journalists, has received a EUR 1.1 m development fund from investors. The site, founded by four former journalists and bloggers from the French leftist daily Libération, sprang to the immediate national attention at launch last May by breaking news that a French newspaper had suppressed a story on the president Nicolas Sarkozy's then wife Cecilia. Its alternative approach to presenting the news online, including taking up to a third of its content from non-journalists, now regularly attracts 650,000 monthly visitors domestically. The site has also spun off into local news by launching a sister site for the Marseille region last month with further local launches in France also expected. (Journalism.co.uk)
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