Journalistic start-ups in Western Europe: survival is success

WanIfra reporting:
The Reuters Institute study analysed case studies from Germany, France and Italy to try to assess “what are the prospects for sustainable forms of journalistic content creation and curation amongst the current wave of online start-ups” which has hit Europe.
The main conclusion the study reaches is that, at this stage, mere survival is a success for these new journalist ventures as the journalistic start-ups still struggle to break even in Western Europe countries.
France is regarded as the most pioneering place for innovation and experimentation in this field and it has been described as the “nouvelle vague” of the new independent journalism, as Bruno said in Perugia.
The researchers did not look at blogs or philanthropically-supported journalism in their analysis, to focus on business models that were at least theoretically profitable.
Markets tend to be dominated by legacy media organizations – the study says – and although online advertising is growing, it cannot so far provide the basis for the existence of sustainable news start-ups.
In this sense - the study underlined – legacy media and newcomers are bound by the same economic challenges.
http://www.editorsweblog.org/2012/07/10/journalistic-start-ups-in-western-europe-survival-is-success