Australia’s fastest growing News & Digital content distribution channels Online News Corporation offers opportunity for Australian investors

Crowd funding offer with cornerstone investor secured

Online News Corporation, Australia’s fastest growing news & digital content distribution network, was born out of the need to establish viable digital news platforms for Australian communities now and into the future.

ONC Chairman and Founder Jarrod Sierocki, said: “There are 887,574 shares at an issue price of $1.69 on offer to raise up to $1.5m.  This offer is being undertaken at a pre-money equity valuation of $23.3m.

“It’s a fabulous opportunity as we already have over 2.35m people tuning in every month and we only launched in January this year.

“ONC’s team of developers have built world-first technology to move community information into news pages almost instantly. Our aggregation software is built to provide a sustainable future for journalism and provide new platforms for journalists to deliver original content.

“Our news is curated by an experienced team of editors and journalists who work alongside the IT guys to offer a constantly updated showcase of stories from over 3,500 sources across the globe.  We publish snippets and links directly to publisher sites which support the work of true journalists and boost traffic to partner publications.

“Not only do we celebrate original reporting, but we also provide a range of perspectives in the stories we share.  We pay subscriptions to news APIs and collate RSS feeds from the world’s most trusted sources.  Our technology filters through thousands of stories and publishes them to over 200 websites in real time,” he said.

Engagement with news and video content is happening all over the world, presenting the same opportunity and value for users and we have just launched in the US and are on schedule to launch in India in the last quarter of 2021.

“Our income is derived from advertising sources including banner advertising, network home page buy-outs, splash displays and content sponsorship.  We are about to launch an exciting partnership with a telecom provider and future revenue streams will include mortgage and car finance commissions.

“We want the media industry to thrive and believe our unique network will be a platform for the future where original reporting and aggregated content can co-exist.  Roy Morgan research shows the internet is a main source of news (12.7m Australians).” Says Mr Sierocki.

For further information head to OnMarket