Newzbid app looks to reward army of amateur journalists with cash from media firms

newzbid_logoThe developer of a new app which aims to reward people with cash if their stories, videos and photographs are picked up by the media has admitted the “value of content” must be recognised if the venture is to succeed.

Mark Orval has spent 18 months, and $250,000, working on Newzbid, an app that will host a range of content uploaded by subscribers that can then be purchased by media companies.

He said the aim is to reward the countless number of amateur journalists and photographers who, armed with smartphones, are currently posting on social media platforms but earn nothing if the content is used by media outlets.

Orval, former managing director of Melbourne-based IT firm Digital Motorworks, said the idea will not only earn cash for users but provide media companies with easy access to content they might otherwise miss. It will also provide a platform for content that “may never see the light of day”.

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