seattlepi.com reports that Newsvine raises US$5 million for their CJ site. This is the most recent of several similar funding arrangements for Citizen Journalism sites. It will be interesting to see if any or any significance spring up in Australia. My sense is that European and Americans are more engaged with news and more frustrated with mainstream outlets and that’s why we’re seeing more activity there.
Interesting point of note is the work of Global Voices opening up previously closed cultures and media sources. We have recieved a lot of backlash from promoting Citizen Journalism sites in Malaysia and other South East Asian Markets.
The tide is changing…have you seen Pajamas media? http://www.pajamasmedia.com/about.php pretty interesting but not as in depth as We the Media.
Good stuff.