Open Media seeks to improve news media market by providing a subscription based platform where the people making the articles work directly for their readers.
Stage
Concept Only
Industry
Media and Entertainment
Location
Riga, Latvia
Currency
EUR
Founded
March 2018
Employees
2
Incorporation Type
Not Incorporated
Company Summary
The platform connects creators with their audience. Providing an environment where the audience directly contributes to the creators by paying subscription fees. The intent is to function as a global and local news media outlet. Creators can choose which articles they provide free and which are accessible only to their subscribers. The subscription fee floor is 1 EUR with no price ceiling. Open Media subtracts 10% from each subscription.