If it really was good media it would NOT be promoted by the Zionist MSM.
"Media entrepreneurs test new ways to get the message across" by Scott Kirsner | February 1, 2009
Boston was home to the first American newspaper. A Medford radio station was among the first to try selling advertising to support its programming, in the early 1920s. Researcher Ray Tomlinson was working in Cambridge when he sent the first e-mail over the Arpanet, the predecessor to the Internet, in 1971.
Each innovation created a huge industry, and changed the way we communicate.
Now, at this moment of tumult in the media world, entrepreneurs in Boston and the wider New England region are trying to develop the next successful models for conveying information. But even as advertisers and consumers spend an increasing amount of money and time on the Internet, building a profitable digital media business isn't exactly a cinch. Some local start-ups have already had to reduce their staff, and others will find themselves hunting for additional funding later this year from reticent investors....
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In an old brick-and-beam building on Boston Harbor, the 14 employees of GlobalPost, another start-up, are supervising a network of 65 correspondents in 45 countries, who produce dispatches on international news for the recently launched website. At a time when many TV networks and newspapers have closed foreign bureaus, GlobalPost plans to add another half-dozen correspondents this year, in places such as Australia and Argentina. (Correspondents work on a $1,000-per-month retainer, and get a stake in the company.) The company has so far raised $8.5 million from individual investors; the eventual goal, explains chief executive Philip Balboni, is $10 million.
I wonder who they are. Newspapers?
Balboni says the company will rely on three revenue streams. One is the advertising on the site. A second is syndication deals with newspapers and other websites that will use GlobalPost's stories. The third is a membership program called Passport, which will ramp up next month. For a $199 annual subscription fee, Passport members can join conference calls twice a month with GlobalPost correspondents, suggest story ideas, and receive text alerts about breaking news.
No thanks, I'll pass.
"It's for people who want to support high-quality journalism," Balboni says.
Going to MSM sources ain't gonna do it for you!
Gather.com and Helium.com are two local sites that invite writers and photographers to contribute content, rather than starting a blog of their own. (Or perhaps in addition to one.) Active participants in the Gather community can earn "Gather Points" that can eventually be turned in for gift cards at places such as Target or Starbucks; popular Helium writers can earn cash. Helium has raised about $17 million in venture capital funding - about twice what Gather has banked - and the site boasts about twice Gather's traffic, which is 1.1 million unique visitors per month.
But you can't get a loan, your mortgage paid off, health insurance, etc, etc.
Though both sites say their advertising revenue is on the upswing, neither is profitable yet. Gather cut its staff by 15 percent last year, and Helium eliminated 30 percent....
People DON'T LIKE BEING LIED TO, guys!!!!
Both Andover-based Helium and Boston-based Gather will likely be hunting for more money this year. Gather chief executive Tom Gerace says, "We were planning to turn profitable on the cash that had already been invested, but with what happened over the last couple quarters, we may need to bring in more." He says profitability is "well within our reach."
Translation: we ain't never making a profit.
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