page_title: WikiTribune
section_title: Business model
hierarchical_section_title: WikiTribune / Business model
caption_attribution_description: English: Wikipedia's 15th birthday party in London, hosted by Wikimedia UK and Newspeak House.
context_page_description: WikiTribune was a news wiki where volunteers wrote and curated articles about widely publicised news by proof-reading, fact-checking, suggesting possible changes, and adding sources from other, usually long established outlets. Jimmy Wales, co-founder of Wikipedia, announced the site in April 2017 as a for-profit site, not affiliated with Wikipedia or its support organisation, the Wikimedia Foundation. Until October 2018, WikiTribune employed journalists with established backgrounds in the profession who researched, syndicated, and reported news.
  Initial crowdfunding for the site was completed in May 2017. In August 2017, Peter Bale was named as the first editor of the site on their temporary publishing platform at Medium.com. This was followed by a teaser article posted to Medium in September.
  The site opened to the public in October 2017, with a focus on "political, business and economic news, bolstered by weekly in-depth articles". A year later, WikiTribune laid off its team of reporters and editors, after which volunteers could publish articles without having them checked by professionals.
context_section_description: WikiTribune was a for-profit site funded by donors. Crowdfunding opened in April 2017. Supporters were asked to pay £10 or $15 per month, but access to the news was free.  It was stated that having no shareholders, advertisers or subscribers would reduce commercial pressures. Supporters who donated to the site were able to help decide which subjects the site would focus on.
  Reporting journalists had to provide the source of a fact or provide full transcripts and recordings of their interviews. The public was able to modify and update articles; however, such updates only went live after approval by staff or trusted volunteers.
  "This will be the first time that professional journalists and citizen journalists will work side-by-side as equals writing stories as they happen, editing them live as they develop and at all times backed by a community checking and rechecking all facts," said Wales. Wales intended for the project to help fight fake news online; he was reportedly motivated to address this problem after hearing the Counselor to the U.S. president, Kellyanne Conway, use the expression 'alternative facts' during an interview in January 2017.
caption: The venture was launched by Jimmy Wales, who has a "hands-on" role with the site as chief executive.[15][16]
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