Another million euro crowdfunding campaign hits Europe

image
Nighttime in Madrid, Spain. Photo by Roberto Taddeo.

It’s happening again.

Another crowdfunding campaign to support independent journalism has amassed more than one million euros in Europe.

Kickstarter’s Journalism category has never had a single campaign raise more than $150,000 but Europe has seen a crowdfunding campaign for journalism top one million euros each year for the last three years.

De Correspondent in Holland and Krautreporter in Germany both raised more than one million euros in campaigns in 2013 and 2014 respectively.

The latest is happening in Madrid, Spain at El Español.

With two weeks left to go, elespanol.com has raised 1.3 million euros in its crowdfunding campaign.

Like De Correspondent and Krautreporter, El Español has raised the money for a brand new news outlet.

Unlike De Correspondent and Krautreporter who operate on an annual subscription model, El Español is doing an equity crowdfunding campaign, which allows people to buy a stake in the news outlet. More than 2,200 people have become investors thus far.

Click here to visit El Español.

Related Posts

52 ways to make money and support local journalism Credit: Thomas Hawk via Creative Commons. Originally published June 24, 2015 on Medium.com. This morning I spoke to 20 journalists who are enro...
A very different way to see photography A young female student group attends lessons at her school attached at the night in Nowshera on December 21, 2012. Khyber Pakhtunkhwa, Pakistan 2013....
A platform for the future of local news died today Screenshot of an email sent to Beacon users about the Bushwick Daily campaign. A dream of a new future for local news took a blow Sunday when the co...
Crowdfunding probably won’t replace traditio... NYMag.com’s Daily Intelligencer decided to draw a conclusion on the future of crowdfunding journalism. Will it save us? Look no further than the he...

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.

NO COMMENTS

Leave a Reply