Money Starts To (Hopefully) Flow Towards Online Magazines

Well here is finally some good news for print journalism: Godengo, a magazine-to-website service platform has raised $2.16 million in funding for continuing project development.

The Silicon Valley company uses a publishing system that is completely browser-based, meaning that you’re not just uploading your magazines’ text onto a Web site and letting readers engage the same way they would a print version. Instead, Gondengo also brings applications to the table, allowing publishers to interact with their readership in an entirely new way: whether it’s polls, message boards, calendars, or comments.

But

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