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A well-funded UAE news startup runs aground

www.semafor.com · last updated
Staffed up with alums from places like Al Jazeera, Bloomberg, VICE News, The Wall Street Journal, and the South China Morning Post, Moniify tried to differentiate itself in a quickly expanding landscape of fin-fluencers and financial journalists.
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Related Knowledge Center: State of the business model

State of Play

The traditional journalism business model has long since collapsed, and news organizations have shrunk or disappeared entirely. While a number of promising experiments are under way, the public has not shown a willingness to buy what news organizations are selling.

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