Multi-Millionaire Stops Funding Sean Plunket's The Platform - but There's More to the Story
4 Articles
4 Articles
Major backer pulls funding from 'The Platform' - legacy media - Daily Telegraph NZ
Image – theplatform.kiwi. Sean Plunket’s independent media venture The Platform is now fully reliant on advertising, subscriptions, donations, and merchandise after its initial financial backer, the Wright Family Trust, ceased multi-million-dollar start-up funding in March, according to a report in legacy media. Wayne Wright jnr, who now owns 75% of the company after buying out the trust’s shares, told legacy media (paywalled) the business remai…
MEDIAWATCH: The Platform in doom loop – dead by end of year?
Wealthy Wright family ends operational funding for Sean Plunket’s The Platform The wealthy family which provided startup investment for The Platform has ceased providing operational funding to the digital media site. Founding editor Sean Plunket said on Monday the Wright family made the move in March. The change was in line with intentions “that we would get established, we would work out our systems, and transition to be a standalone financial …
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