Rick Falkvinge, founder of the first Pirate Party, has unveiled a news service to compete against "oldmedia."
The news stories will be three sentences in length, and distributed
within shareable images. Falkvinge says this obviates certain parts of
the industry — for example, there will be no need for clickbait
headlines, because there's nothing to click on. The business model is
based around advertising, but those ads will simply be a watermark on
the image. Thus, no worries about adblock, and no concerns about ad
networks collecting information from users. The service is targeted to
be operational in Q3. Each writer will be paid in accordance to a
revenue sharing model, and Falkvinge's goal is for each part-time writer
to receive €125/month in exchange for four stories (12 sentences).
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