Content-payment umbrella Piano gains funding for global push

04/17/2012 | PaidContent.org

Piano Media, which gathers several news sources under one payment system, is looking to expand beyond its base of Slovakia and Slovenia. The company obtained $2.6 million in a second round of funding. In Piano's home countries, 60 websites from more than 20 publishers are under its umbrella. The company's fee varies from 15% to 29% of the subscription price, with the remainder going to publishers weighted according to traffic generated by their sites.

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