Paid content firm Journalism Online sells to RR Donnelley
Steven Brill and Gordon Crovitz the guys behind the paid content venture Journalism Online have sold their company to printing services firm RR Donnelley & Sons.
The deal should give Journalism Online a shot in the arm and possibly refocus its business on the B2B sector. Journlism Online’s problem to date has always been that it was unable to attract very many large publishers to its Press + system.
Journalism Online system has been up and running since last summer, but can only boast the likes of The Scranton Times-Tribune and the Augusta Chronicle among its publishers. Not exactly big-market names. Although it boasts two dozen customers including MediaNews Group in all.
As we’ve seen in the UK as well as the US most larger media firms want control of their own paywalls rather than going to a third party. Let’s face it, there is little enough revenue to go around without having to share it with someone else.