Who says there’s no money in it?
OhmyNews (English version here), the robust Korean citizen-journalism Web site, got US$11 million from Softbank, a Japanese investment firm. Softbank received a nearly 13 percent stake in OhmyNews in the deal. OhmyNews said it will start a Japanese-language news site (when? Don’t know).
Full story at Red Herring.
Technorati tags: journalism | citizen journalism | online journalism


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