Outlit
Topic: Social
From HandWiki - Reading time: 2 min
Type of site | Journalism |
|---|---|
| Available in | English |
| Created by | Lucien Zeigler William Treadway Christian Zeigler Sam Clarke |
| Website | outl |
| Commercial | Yes |
| Launched | 2014 |
| Current status | Active |
Outlit is an online pay-per-view journalism and digital media virtual marketplace founded in 2014 in Arlington, Virginia.[1] Outlit is advertisement-free for registered users and has full, native content from over 40 newspapers and magazines. Content is available by source or topic and all units of content come with a free preview. Full content can be accessed for free or through a system of micropayments. Journalists and bloggers may also publish content to sell directly to end users. Also called the "iTunes of News,"[2] the company claims it is the largest collection of newspaper, magazine, and blog sources in a marketplace format in English.
History
The company's CEO and co-founder is Lucien Zeigler, a media consultant and economist. Zeigler has said that Outlit was founded in response to declining revenues for publishers and the prevalence of advertising in news media, as well as the "inefficiency of the subscription business model" for readers.[3]
Outlit is backed by an undisclosed angel investment secured in March 2015. [4]
References
- ↑ "Outlit". Bloomberg Business. https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=286562513. Retrieved 5 June 2015.
- ↑ Eric Hal Schwartz (2015). "A Virginia Startup Has Launched the iTunes of News". DCInno. http://dcinno.streetwise.co/2015/05/30/dc-tech-arlington-startup-outlit-launches-itunes-of-news/. Retrieved 5 June 2015.
- ↑ Ethan Rothstein (March 30, 2015). "'Disruptive’ Media Startup to Launch Next Month". ArlNow.com. http://www.arlnow.com/2015/03/30/disruptive-media-startup-to-launch-next-month/. Retrieved 5 June 2015.
- ↑ Eric Hal Schwartz (2015). "A Virginia Startup Has Launched the iTunes of News". DCInno. http://dcinno.streetwise.co/2015/05/30/dc-tech-arlington-startup-outlit-launches-itunes-of-news/. Retrieved 5 June 2015.
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