POV, Insight, Company

UK startup The News Hub raises cash, and questions [Digiday]

HERE/FORTH CEO and @themediaisdying Founder, Paul Armstrong, was asked by Digiday for his thoughts on The News Hub - an emerging startup that wants to pay writers for good content in similar fashion to BubbleWS and TSU.

‘The problem that many platforms of this ilk suffer from is a lack of focus and planning with regards to the network effect required for immediate and continued success,’ he said.

’Both [Tsu and The News Hub] are interesting properties and have a fair chance of seeing success with niche audiences but ultimately the model is risky, untested and will require a lot from both [investors and users] in order for favorable outcomes in the short or long term,’ he added.
— Paul Armstrong