Caption.Tim Murphy and Mark Jennings aim for their new wesbsite called Newsroom to be up and running in mid-February.
Plans for an ambitious news and current affairs website were forced out into the open yesterday, after Fairfax and NZME used them to show the Commerce Commission there was competition coming in the news market. Former high-profile news bosses for MediaWorks and the New Zealand Herald – Mark Jennings and Tim Murphy – were caught short when marketing material their new website, Newsroom, unexpectedly went public. According to Jennings, Fairfax and NZME got wind of plans and delivered them to the Commerce Commission. Jennings said that the project was going well – but negotiations had not been completed and were continuing, Journalists whose names are attached to the marketing proposal include Bernard Hickey and his Hivenews.co,nz website, business writer Rod Oram, sports writer Steve Deane, and Eloise Gibson.
Tim Murphy said the new venture would start as a subscription service in mid-February with the free website set to start in March. According to promotional material for the newsroom site (see below). Negotiations are under way for backing from Allied Press, the owner of the Otago Daily Times. Selwyn and Craig Pellett are involved. Newsroom will be funded by subscriptions, sponsorship and advertising. Murphy said subscriptions were hoped to be equal to sponsorship and advertising revenue by Year 3. The marketing document is attacjed below.