Successful Crowdfounding case: The Correspondent Online Newspaper

The Correspondent, a Dutch online newspaper, has reached a record to get through a crowdfunding campaign, about 1.3 million euros (around 1.7 million USD) in just eight days. The contributions come from more than 15,000 members. This means that with the amount raised by crowdfunding already have over 15,000 subscriptions, representing 100% of the costs of launch the newspaper.

The Correspondent, based in Amsterdam, presents a new vision of journalism, where advertising is not incorporated, and revenues are generated through subscriptions from readers, who pay about 60 euros per year.

We speak of a media created by Dutch journalist Harald Dunnink and Rob Wijnberg, the founder of Digital Agency Momkai, who seek to establish a new platform for the analysis of current news and quality journalism, aimed to a limited audience, because it is a newspaper of a small country like Holland, so this collection is an achievement.

This success was a surprise to its creators, "With 22 days remaining until the end of the campaign, it is surprising to see how many people are willing to subscribe to our mission of producing quality journalism online", "And not only that, but willing to pay for it too" says Rob Wijnberg.

Is expected to start operating new newspaper definitely in September this year, and it will be available for computers, smartphones and tablets.

The manifesto of this newpaper:

• Daily, but more than the issues of the day
• From the news to the new
• No political ideology, but journalistic ideals
• Themes and inter-connections
• Journalism before profitability
• From readers to participants
• No advertisers, but partners
• No target groups, but like-minded thinkers
• Ambitious ideals with modest wisdom
• Fully digital