Spot – A European network for independent media (Round 4)
Summary
Spot is an artificial intelligence powered marketplace for curating, translating and syndicating valuable articles among independent media organisations – creating an affordable pan-European syndication marketplace where publishers can access and buy editorial content and republish it in their own language.
The solution
Faced with steady costs and decreasing revenues, media companies are keen to share resources. Media networks exist, but they mostly rely on the supervision of already busy newsroom staff who have little experience in curating, selecting, translating, editing, localising and distributing translated content – and no proper business model. Spot provides syndicated, translated, edited and adapted stories on international issues. Subscribers are able to strengthen their editorial offer at an affordable price, reach new audiences, and help circulate Europe’s best articles. LookOut offers cutting-edge AI data-mining technologies, summarisation techniques and automatic translation technologies alongside human content curation. AI helps Spot’s expert staff curate partner content, while professional translators provide quality texts, and editors localise stories to make them fit partners’ specs. The revenue is shared between the platform, the translators, and the publishers, so everyone has a stake in the network’s success.