
But across the Atlantic, there’s a more optimistic example. The Netherlands’ Dichtbij — “close to me” in Dutch — is a hyperlocal news platform that’s generating real revenue despite operating on a much smaller scale. Across its 80 sites, Dichtbij is on pace for revenue of €10 million (about $12.5 million) in 2012, according to Het Financieele Dagblad, the Netherlands’ leading financial newspaper. And its founder, Bart Brouwers, says he expects the two-year-old operation will be profitable by year’s end. “The income is higher every week,” he said.
Nieman Journalism Lab
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