Thursday, February 23, 2006

SBank invests in Asain Citizen Journalism

Softbank Ventures has given $11mm to a Korean citizen-journalism site called OhMyNews. It's certainly not a huge amount of money (not that I'd say no to it). But it certainly is a good reminder that the nature of interactive journalism is not US/Europe based. The CEO recently said:

“You have made one-way journalism into two-way journalism. Citizens are no longer spectators. A new era has begun in which regular citizens can become reporters whenever they so desire, and by doing so contribute to public opinion.”

Pretty clearly a universal concept. In other Asian news, I also found on Business 2.0 that more than half of all white-collar workers in China's biggest cities keep a blog.
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