AAP creates Go Fund Me with $500,000 target, asking readers to ‘help save Australian media diversity’
Australian Associated Press (AAP) has launched a $500,000 crowdfunding campaign in an attempt to “diversify our revenue base” and remain ahead of former owner News Corp’s newly-created newswire.
Now a not-for-profit owned by a consortium of investors after News Corp and Nine pulled their funding from the newswire, AAP said News Corp’s newly-launched competitor, the NCA newswire, is a “well-funded move [that] threatens AAP’s unique role, supplying independent content”.