Skip to main content

Dutch media startup lands investment from NYT

AMSTERDAM (AP) — A Dutch startup that sells news on a per-article basis has landed a 3 million euro investment from The New York Times and the German publishing house Axel Springer SE.

Blender founder Alexander Klopping says his company will use the money to fund an international rollout.

Blendle’s strategy is to make it easy for users to pay small amounts — as little as a dime per story. It then adds a social networking element, as users can follow each other and recommend stories.

The service enjoyed early success in the Netherlands as almost all major newspapers and magazines offer content through the site.

The Economist had been the most prominent international news organization to use Blendle, but Klopping said Monday the NYT and Axel Springer’s properties will now follow suit.

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

WTOP’s News, Traffic & Weather App

WTOP is your source for regional news, traffic and weather in DC, Maryland and Virginia. And we're excited to bring you the WTOP app, which offers a clean, streamlined experience to quickly read articles, sign up for customized breaking news and traffic alerts, create a personalized newsfeed based on your interests, and listen live to WTOP Radio.
Read Next Story