Citizen journalism pioneer struggling?
Posted by
Martin Stabe
on 22 June 2007 at 12:01
Tags: Citizen journalism, OhmyNews
The company that runs the pioneering South Korean citizen journalism site OhmyNews lost money last year on revenue of about $6 million, according to the Los Angeles Times. The site’s readership is now at around 1.5m pageviews per day, down from a peak of around 20million during its 2002 hayday, according to the same report.
It’s not the first recent styory to suggest that Ohmynews is struggling a bit. Its declining revenues have been several times over the past few months, and its venture into Japan, financed by an $11 million investment by Softbank last February, seems not to have gained traction.




