Saturday 20 May 2017

Story #73

http://www.abc.net.au/news/2017-05-18/crinkling-news-saved-as-crowdfunding-target-reached/8536646

Story #73 "Crinkling News, Australia's only kids' newspaper, saved as $200k crowdfunding target reached"

As the article states, Australia's only kids' newspaper has raised enough funds to ensure its survival, at a time when print publications are struggling as advertising migrates online. Crinkling News reached its $200,000 crowdfunding target today, with just eight hours to go in the two-week campaign. Crinkling News has since seen growth in subscribers, and is posted out weekly to 800 schools with a readership of 30,000 people. However, the print publication was struggling to survive after running out of seed funding. On the crowdfunding page, the team said the paper was close to becoming a self-sustaining publication and just needed a boost to "take that final step".

No comments:

Post a Comment