Why Mark Thompson, Lionel Barber invested in The New European - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 51%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

The former New York Times CEO and Financial Times editor explain why they're betting on little-known anti-Brexit newspaper The New European

enterprise. Kelly said that the title spends £6,500 per issue on editorial costs .

The paper is planning a crowd-fundraising effort for later in the year to solicit readers for money in exchange for owning a piece of the publication.— perhaps a counterintuitive model for a publisher in 2021. The key, Kelly said, was that the New European has a strong sense of the makeup of its pro-European readership — about 60% male and 43% over the age of 50, according to a pitch deck obtained by Insider. The New European carries no advertising, something that Kelly expects will change as he attempts to grow the subscriber base and diversify revenue streams.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

I owe you an apology to ever doubt your sincerity and professionalism. It’s was just like a dream to me when I received my first payment. After my second payment it became a reality now after several payments it has become a way of life. lisaMakT

South Africa South Africa Latest News, South Africa South Africa Headlines