Online magazine that shares revenues with writers becomes the first
website of its kind in Spanish and French market, adding to its presence
in Germany and North America
VANCOUVER
,
Sept. 17
/CNW/ - Suite101.com Media Inc. announced its expansion into Spanish and French-language countries this week with the opening of offices in
Madrid
and
Paris
, and the launch of online magazines Suite101.net and Suite101.fr.
These websites, with launch events happening in
Miami
and
Madrid
this week and in
Paris
(Sept 21), are the first of their kind for Spanish and French freelance writers. Writers earn dividend-style revenue for their published articles, work with professional editors, and retain all copyright to their work.
"This kind of online revenue-share journalism is a totally new model for writers of these languages," explains
Peter Berger
, president and CEO of Suite101.com Media. "Our goal is to become a known outlet for Spanish and French freelance writers as an option alongside writing work at newspapers and magazines. We also want to reach experts who might not consider themselves writers."
In
Madrid
, Eva Fontiveros leads Suite101.net as Editor-in-chief with a team of editors in
Argentina
,
Mexico
,
Spain
, the US (
Miami
), and
Venezuela
. Jérémy Reboul, is Editor-in-chief of Suite101.fr in
Paris
working with editors in
France
.
The Suite101 model is a success in
North America
where it has operated Suite101.com from
Vancouver
, British Columbia for over a decade. The English-language site publishes articles by 2,500 freelance writers and gets 15 million visitors a month, most of whom find the site while searching the Internet for information on a specific topic. Today Suite101.com is the fourth most-visited Canadian-owned website (behind the Government of
Canada
and ahead of CBC.ca) in terms of monthly traffic, which has doubled in each of the past three years. A German-language site launched in 2008 went from zero to one million monthly unique visitors in ten months.
"Looking ahead we see immense growth in this business," explains Berger. "Basically we create opportunities for writers and experts to write and publish, and we link them to readers who are hungry for reliable, trusted, well-written online articles."
More About Suite101.com
Suite101.com is known in the online writing world as a respected site where freelance writers and journalists, as well as home-based experts, write and publish short, helpful, fact-based articles online. Suite101 features 20 sections such as Business & Finance, Film & TV, Health & Wellness, Travel, and Food & Drink. New articles are posted daily and advertising revenue from articles is shared with writers. This "dividend" or royalty style payment happens each month even if a writer adds no new articles. In
July 2009
, a 29 year-old part-time Suite101 writer set a monthly earnings record of
$5,000
from her articles on Suite101.com.
About Suite101.com Media Inc.
Suite101.com Media Inc. is a private Canadian company based in
Vancouver
, British Columbia with offices in
Berlin
,
Madrid
and
Paris
. It has been a successful consumer internet operation for over twelve years and has an international full-time staff of 28, plus over 40 editors working around the world. The company is co-owned by Burda Digital Ventures of
Munich
(the venture capital arm of
Hubert Burda
Media) and Vancouver-based Internet entrepreneur
Dr. Boris Wertz
of W Media Ventures.
Suite101.com Media Inc. operates Suite101.com, Suite101.de, Suite101.fr, and Suite101.net.
For further information: Marci Hotsenpiller, Communications Director, Suite101.com Media Inc., Tel: (250) 650-6524, E-mail: [email protected]
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