Newsflare is a platform dedicated to empowering user-generated video news with journalistic integrity. Launched in 2011, the startup is focused on curating news content that may be too immediate, remote, or local for traditional news organizations. This niche approach sets Newsflare apart in the Social Media and Media industries.
With the slogan "Empowering user-generated video news with journalistic integrity, ensuring contributors gain the recognition and rewards they earn," Newsflare emphasizes the importance of journalistic principles and the impact of video as an effective medium for conveying messages. Their focus on news differentiates them from broader user-generated content platforms.
Newsflare is more than just a marketplace; it actively promotes member content to news organizations and shares revenue when the material is sold. This approach creates a strong incentive for users to contribute to the platform, with a member reward program in place to provide increased recognition, privileges, and financial benefits based on contribution and participation level.
The recent £5.00M Series B investment at 12 January 2022 from Foresight Group and Edge signals a continued confidence in Newsflare’s model and potential for growth.
