A new world record for crowdfunded journalism

Credit: Svante Adermark.

Madrid-based ElEspañol.com broke the world record for crowdfunding journalism Saturday, according to their website.

Rosa, a woman in Madrid, bought five shares of El Español to surpass the previous record set by the Dutch website De Correspondent in 2013.

Unlike De Correspondent, who asked people to pay an annual subscription, El Español is holding an equity crowdfunding campaign. That means people can buy a share of the company.

El Español’s crowdfunding campaign ends in 13 days.

As we reported Friday, the elespanol.com campaign is the third crowdfunding journalism campaign in as many years to raise more than one million euros. It is the second substantial campaign, Direkt36 in Hungary being the other, to take place within the last month in Europe.

Related Posts

Campaign to help news orgs get leaks launches "Patriotic Security camera." Credit: Cjelli. To keep correspondence between sources, whistleblowing websites and news outlets private, Freedom of th...
Beacon’s new plan: Let news orgs do collecti... Beacon Reader simultaneously launched crowdfunding campaigns for seven news startups earlier this week. All members of the Investigative News Netw...
Feminist news startups are still kicking butt on K... In a recent interview I was asked about trends Through the Cracks: Crowdfunding in Journalism reporters have spotted since the site launched. The firs...
$50K in less than 48 hours to resurrect gaming web... MO, the new mascot of Massively Overpowered, massivelyop.net. On Feb. 3 staff at Massively were let go by AOL. By Feb. 7 former staff launched...

Comments

comments

Khari Johnson
Khari is founder and editor of Through the Cracks: Crowdfunding in Journalism. He also writes about bots and artificial intelligence for VentureBeat. He has built news startups in the U.S. and Europe for the last decade.

2 COMMENTS

Leave a Reply