By: Reg Chua | Structure of News
What’s new in the news business? Money, apparently. And not just any money – venture capital money. The kind of money that typically chases high-growth start-ups with the potential to scale massively.
That’s certainly not the way most new journalism projects are described. But the money is coming in, nonetheless. As Quartz noted in a piece a couple of months ago, BuzzFeed has $46 million in funding, Vox Media $80 million, and Business Insider about $30 million.