"Crowdfunding the Future undertakes a dynamic interdisciplinary approach to the examination of the new, and growing, phenomenon of crowdfunding and its encompassment of digital society and media industries. The book offers a wide range of perspectives and empirical research, providing analyses of cr
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owdfunded projects, the interaction between producers and audiences, and the role that websites such as Kickstarter play in discussions around fan agency and exploitation, as well as the ethics of crowdfunding. With a series of chapters covering a global range of disciplines and topics, this volume offers a comprehensive overview on crowdfunding, examining and unraveling the international debates around this increasingly popular practice." (Back cover)
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"Malaysiakini, an online news platform launched in 1999 in a country of continuous and pervasive media controls, has taken advantage of a precarious space allowing comparatively free journalism on the Internet. Its success in Malaysia is two-fold: First, it has increased demand for reliable and inde
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pendent news, along with support for human rights, open government, and free expression; second, it has built a viable business model that enables it to employ about 40 reporters, publish in four languages, and expand into video products and business news." (Executive summary)
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"Our remit was to look for innovative media outlets that are producing high-quality news, that are technologically innovative and that might actually survive financially. Accordingly, we spent three months interviewing media innovators around the world and reading what others have written on the sub
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ject. This report is divided into seven sections: 1) this introduction, 2) our main findings, 3) two sets of recommendations, one for the media development community and another set for people starting a media outlet, 4) an “Innovation Index” listing practices that we found around the world, 5) a description of our methodology, 6) a review of practitioner reports we read, 7) write-ups describing 35 media outlets, based on interviews we conducted [...] We were inspired and encouraged by what we saw. All over the world, independent media outlets are innovating and overcoming obstacles. Globally, start-ups are demonstrating the drive to take risks for the sake of a good idea. The challenges facing these outlets—and the innovations employed to tackle them—broadly fall into four categories: editorial, business, distribution and security. Operating with agility, media start-ups are finding creative ways to gather and disseminate information. In India, Gram Vaani uses a mobile phone social network to connect the rural poor and circumvent legislative prohibitions on radio broadcasting. In Zimbabwe, The Source survives in the repressive media climate by focusing on business journalism. Oxpeckers in South Africa uses geomapping to report on rhino poaching. Crikey in Australia has built a successful business model based on soliciting tips and scandal from the same audience it reports on and Kenya’s African SkyCAM deploys drones to avoid negotiating with police for access to disaster zones [...] Instead of finding a clear model for what works, we found confirmation of many things we knew or suspected. Independent media outlets vary in size, ambition and model. Few have fully succeeded, while many do one thing well, which typically reflects the founder’s particular strength—usually in journalism or technology [...] Most media outlets we found are small, run by a few full-time staff supplemented by volunteers and freelancers, and supported by a combination of grants, donations and haphazard business endeavors. The leaders at most organizations we interviewed were motivated by a desire to produce high-quality journalism rather than meet particular financial or audience goals." (Executive summary, page 5-7)
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"As advertising revenues shift to non-journalistic platforms, news organizations face financial difficulties. To safeguard pluralism and editorial competition, alternative funding sources should be considered. Policymakers can support private media organizations with mechanisms such as tax relief or
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even direct subsidies to specific media companies. Such support need not compromise media independence if safeguards such as statutory eligibility criteria are in place. Given convergence, support for private media should also be extended to online media." (Key messages)
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"Credible crowdfunding systems require more than entrepreneurs and willing investors. They also need a supportive ecosystem and enabling factors, including forward-thinking regulations, effective technological solutions, and cultures that can adapt to this new investment vehicle. This includes the c
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oncept of a “constellation of trust” that enables all parties to participate. The key factors that have facilitated crowdfunding in developed countries include: a regulatory framework that leverages the transparency, speed, and scale that advances in technology and the Internet can deliver to early-stage funding marketplaces; strong social media market penetration and Internet usage, which is necessary to harness demographic and technology trends to drive collaboration and cultural shifts; a regulated online marketplace that facilitates capital formation while providing prudent investor protections through education and training; collaboration with other entrepren eurial events and hubs including business plan competitions, incubators, accelerators, universities and co-working spaces to create a channel for opportunity and oversight." (Executive summary, page 8)
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"The community radio stations participating in the pilot project offer special dedication and greeting programs that allow community members to send greetings to friends and family on air. The main objective of this pilot was to understand whether these generally underfunded radio stations could mon
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etize these greetings systems through a mobile money technology that would be developed with another implementing partner, MobiKash, a mobile wallet service provider based in Nairobi." (Executive summary)
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"According to this paper, many media businesses lack management skills and experience in developing effective business models. "Compounding this is a lack of media development assistance targeted to media managers, the expansion of economic constraints on media businesses, and a lack of access to in
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vestment capital", says the executive summary, and concludes that "this naiveté about the business side poses a significant risk to the sustainability of independent news media. At the same time that audiences are growing, they are also increasingly decoupled from advertising, traditionally the largest and most easily accessible form of revenue supporting news media. Whether a market is growing or declining, this trend threatens to undermine the ability of independent media to fund news reporting." (commbox)
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"Quality journalism is expensive to produce – so how will it survive as current sources of revenue shrink? Funding Journalism in the Digital Age not only explores the current challenges, but also provides a comprehensive look at business models and strategies that could sustain the news industry a
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s it makes the transition from print and broadcast distribution to primarily digital platforms. The authors bring widespread international journalism experience to provide a global perspective on how news organizations are evolving, investigating innovative commercial projects in the United States, United Kingdom, Australia, Norway, South Korea, Singapore and elsewhere." (Publisher description)
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"Discussions on how to support sustainability of independent media generally focus on the political conditions, the legal framework and – especially in German development cooperation – on the quality of journalistic coverage. Nevertheless, economic factors are of equal importance, not only for p
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ure survival but also with respect to editorial independence and the resources available to enhance or guarantee the quality of media outlets. The German Forum Medien und Entwicklung (Media and Development) highlighted in its annual international Symposium, “Money Matters – How independent media manage to survive”, two dimensions marking economic sustainability: factors constituting a restricting or enabling media environment; factors supporting the business management of media in their endeavour to become self-sustainable." (Executive summary, page 5)
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"L’auteur examine comment, face aux nombreux handicaps qui freinent l'expansion de la presse, un journal peut survivre en pays en développement, malgré sa faiblesse financière et l'impréparation des journalistes — Les devoirs civiques qui sont impartis à la presse ne facilitent pas sa survi
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e — Cette thèse est expliquée à partir d'exemples pris en Turquie." (Jean-Marie Van Bol, Abdelfattah Fakhfakh: The use of mass media in the developing countries. Brussels: CIDESA, 1971 Nr. 2330, topic code 110.0, 140)
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"Aperçu bref sur les problèmes financiers et celui de la production du papier au Brésil." (Jean-Marie Van Bol, Abdelfattah Fakhfakh: The use of mass media in the developing countries. Brussels: CIDESA, 1971 Nr. 2110, topic code 140, 142)