While lots of U.S. media companies are still struggling to figure out
how to make hyperlocal news financially viable, in the Netherlands, a
four-year-old network of hyperlocal sites began turning a profit earlier
this year. And now its corporate parent is turning to its traffic to
help boost struggling newspapers.
Dichtbij is owned by Telegraaf Media Group, one of the largest media companies in the Netherlands, and it has 44 local sites throughout the country. (We first wrote about the Patch-like network back in 2012.) In its latest annual report, TMG reported that Dichtbij’s revenue increased by €2.4 million ($3.2 million) in 2013, up 32 percent. Dichtbij brought in about €10 million ($13.5 million) last year, still slightly lower than expenditures, but the report cited “significant improvement in comparison to 2012.” Dichtbij says it has about 4.5 million monthly visits to its sites.
Dichtbij is owned by Telegraaf Media Group, one of the largest media companies in the Netherlands, and it has 44 local sites throughout the country. (We first wrote about the Patch-like network back in 2012.) In its latest annual report, TMG reported that Dichtbij’s revenue increased by €2.4 million ($3.2 million) in 2013, up 32 percent. Dichtbij brought in about €10 million ($13.5 million) last year, still slightly lower than expenditures, but the report cited “significant improvement in comparison to 2012.” Dichtbij says it has about 4.5 million monthly visits to its sites.
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