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Posts Tagged ‘fundraising’

Digital Pub OZY Receives $20 Million In Funding

ozyIf you’re into the next big thing in digital magazines (and why wouldn’t you be?), you’ve probably heard of OZY. If, however, you aren’t privy to the latest and greatest when it comes to online culture publications and enjoy Vice, BuzzFeed and Mic, OZY is for you.

The mag just became the recipient of a $20 million investment from a German publisher called Axel Springer, according to Fortune, and it’s ready to move ahead of the pack when it comes to offering a fresh take on daily news and interesting features.

OZY’s Presidential Daily Briefing is a NYT Now-ish type of roundup on the day’s most pertinent information, and its mix of unique headlines (interviews, personal narratives and reported pieces) along with short video make it an ideal destination for those looking for hard news then just a little bit extra. With the added bonus of OZY’s redesign for its one-year anniversary, the pub is a win all-around. I trust that its content and presentation will improve with the recent boost in funding — OZY is certainly a contender for a spot alongside the likes of BuzzFeed and its competitors, but only if the mag plays its cards right on monetization.

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How a ‘Tiny’ Radio Show Raises Over $147,000 on Kickstarter

The crew of the radio show and podcast 99% Invisible doesn’t compare to that of Morning Edition, This American Life, or most popular public radio strongholds. It’s only two people (and even that’s a recent addition.) But with the support of its distributor Public Radio Exchange, and numerous design-curious fans, it may be paving a new model for audio content that fits the purpose of public radio.

With four days to go in its fundraising campaign, the “tiny radio show about design, architecture and the 99 percent invisible activity that shapes our world” has raised over $147,000 through close to 5,000 supporters on Kickstarter, shattering its original goal of only $42,000.

(Notably, the number also already marks it as 1 of only 208 successfully funded projects on Kickstarter to raise over $100,000.)

If funds continue to flow in, the show’s host and producer Roman Mars will be able to do much, including bringing on former intern Sam Greenspan to help produce a strong third season.

This should catch the attention of both content creators and fundraisers. What began as a short one-minute segment on a KALW show is organically growing into a stellar success story of digital storytelling worth examining. So how’d it happen? Read more