Knight Foundation Backs Early Adopters of Journalism Online Press+ E-Commerce Platform

The John S. and James L. Knight Foundation will fund up to 10 nonprofit grantees that test out the Press+ e-commerce platform from Journalism Online, the startup founded by Steve Brill and Gordon Crovitz, paidContent reported.

The first 10 news organizations to sign up for and launch Press+ in the next six months will not have to share revenue with Journalism Online for one year, according to paidContent, which added that the first site to go public was the hyperlocal New Haven Independent.

Brill told paidContent the Knight Foundation is paying Journalism Online upfront, adding, “It gets us guaranteed cash in the door. It spurs these guys to launch.”

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