Monday, June 20, 2011

Investigative non-profit taps multiple revenue streams

The New England Center for Investigative Reporting is currently operating on a 3-year, US$650,000 grant from the Knight Foundation, as well as funding from The McCormick Foundation and The Ethics and Excellence in Journalism Foundation. 

However, it has found two revenue streams to help it grow: selling content and training.

The Boston-based NECIR sells its watchdog journalism pieces mainly through The Public Eye, a subscription service offering investigative articles monthly, as well as larger outlets, like The Boston Globe, Nieman Journalism Lab reported today.

To make money from training, the non-profit group has created an investigative reporting certificate programme, which attracts journalists from around the world, as well as a summer workshop for teenage students.

The group expects to earn at least $120,000 from its training programmes, and up to $70,000 through selling its content, co-director Joe Bergantino told Nieman. In the future, they hope to continue to pull in around $200,000 on their own each year, but expect to always need outside funding through donations and foundations.

No comments:

Post a Comment