We need your help now
Support from readers like you keeps The Journal open.
You are visiting us because we have something you value. Independent, unbiased news that tells the truth. Advertising revenue goes some way to support our mission, but this year it has not been enough.
If you've seen value in our reporting, please contribute what you can, so we can continue to produce accurate and meaningful journalism. For everyone who needs it.
Sign in. It’s quick, free and it’s up to you.
An account is an optional way to support the work we do. Find out more.
By continuing, you are indicating that you accept our Terms of Service and Privacy Policy.
IRISH MEDIA STARTUP Storyful has been bought by international giant News Corp for €18 million.
In a blog post today, founder Mark Little said the company will continue to operate as a stand-alone organisation from its Dublin headquarters.
In its own statement, News Corp said the acquisition was part of a wider digital transformation and video strategy.
“Building on Storyful’s skill in finding verified news amidst the noise of social media, News Corp will use its own global scale, robust digital presence and advertising expertise to enhance and expand Storyful’s video products and services for newsrooms, advertising agencies and brands,” it said.
According to News Corp, Storyful verified user-generated videos managed by Storyful generated 750 million views for its partners.
Rahul Chopra, Senior Vice President of Video for News Corp, will join the Storyful management team, taking on the additional role of Chief Revenue Officer.
To embed this post, copy the code below on your site
Well done Mark – great to hear of a small Irish company having such a great touch !
The tax raised might keep a handful of retired civil servants fed and watered for a couple of weeks.
Well done Mark. It’s nice to hear success stories instead of the usual diatribe
Amazingly detailed story,
You could say it’s full of stories, or something like that.
Yes the storyful story was not quite as full a story as I would have preferred
Sorty still made the news though
Mark Little…what a clever of you & you deserve what you got. Congratulations!
Congrats and fair play to Mark Little. Just think, that could have been the founders of The Journal.ie which was founded around the same time…
Mark little must be feeling a bit smugger than normal today. If that’s at all possible
No, it is not at all possible.
Newscorpse eats up another startup.if murdoch owns it ,then stay away !
Great to see that here is a success which came directly from significantly Little effort.
Seriously though, well done Mark great to see the success and better still that it has come about through the efforts of one of our own and indeed through the support of his team.
Long may your success last.
OMG he sold to Rupert Murdoch I thought he was the devil?!
Great exit, stunning valuation based on current revenues.
Well done mark little.
Now destined to turn into a website for verifying superinjunctions and celeb gossip I’d imagine.
Well done mark little … Small idea big payday ;)
““Building on Storyful’s skill in finding verified news amidst the noise of social media, News Corp will use its own global scale, robust digital presence and advertising expertise to enhance and expand Storyful’s video products and services for newsrooms, advertising agencies and brands,” it said.”
Yeah, because NewsCorp is all about telling the truth.
http://www.dailykos.com/story/2007/07/31/364678/-Fox-News-wins-in-court
I fondly remember meeting Little Mark when he was a member of Labour Youth and wore a Mikhail Gorbachev t-shirt http://mentioningthewar.blogspot.ie/2013/12/little-mark-bought-by-rupert-murdoch.html
have your say