Month: October 2015

Spain officially got another digital news publication this month, and as far as news startups go, El Español it’s on secure footing. It’s resting atop €3.6 (USD $3.98) million raised from a successful crowdfunding campaign at the beginning of this year (with donations from 5,624 people ranging anywhere from €100 to €10,000 to become shareholders), as well as money from other investors and its founding journalists. El Español editor and founder and Pedro J. Ramírez also threw in more than €5 million of his own money, the entirety of his severance pay received from his controversial ousting as the editor of Spain’s large daily El Mundo, which he co-founded in 1989. El Español generated plenty of interest leading up to its launch, thanks to its famous, and famously outspoken, editor. Bu...

Spain officially got another digital news publication this month, and as far as news startups go, El Español it’s on secure footing. It’s resting atop €3.6 (USD $3.98) million raised from a successful crowdfunding campaign at the beginning of this year (with donations from 5,624 people ranging anywhere from €100 to €10,000 to become shareholders), as well as money from other investors and its founding journalists. El Español editor and founder and Pedro J. Ramírez also threw in more than €5 million of his own money, the entirety of his severance pay received from his controversial ousting as the editor of Spain’s large daily El Mundo, which he co-founded in 1989. El Español generated plenty of interest leading up to its launch, thanks to its famous, and famously outspoken, editor. Bu...