Who Are The Backers Of Flyover Media? Exploring Its Funding And Leadership

Flyover Media is a community interest company (C.I.C.) based in London, dedicated to publishing local news outlets such as The Greenwich Wire, focusing on public interest journalism in Southeast London. Understanding the backers of Flyover Media involves examining its leadership, funding sources, and affiliations.

Leadership and Founding

Flyover Media was founded in 2019 by Neil David Clasper, who serves as the director. The company operates with a commitment to serving the community’s informational needs, aligning with its status as a community interest company.

Funding Sources

The financial backing of Flyover Media comprises several streams:

  • Reader Contributions: The Greenwich Wire, one of Flyover Media’s publications, sustains itself through reader donations. These contributions support operational costs, including staff salaries and website maintenance. For instance, the site’s editor/reporter, Darryl, receives £700 per month, equating to approximately 12 hours per week at the London Living Wage. Remaining funds cover hosting, business expenses, freelance contributions, and site enhancements.
  • Grants: In 2020, Flyover Media was awarded a €5,000 grant from the European Journalism COVID-19 Support Fund. This grant aimed to bolster independent reporting on the ongoing effects of the coronavirus pandemic in Southeast London.

Affiliations and Partnerships

Flyover Media operates independently, focusing on local journalism without explicit affiliations with larger media conglomerates or external investors. Its community interest company status underscores its dedication to public interest over profit, ensuring that any surplus is reinvested into the community or the organization’s mission.

Conclusion

The question “Who are the backers of The Flyover Media?” highlights the growing curiosity around the influential figures and organizations supporting this platform. While the full list of backers may not be publicly disclosed, their contributions have undoubtedly played a key role in shaping The Flyover Media’s vision and impact. As the platform continues to grow, its backers remain an integral part of its success story. Stay tuned for updates as more insights about The Flyover Media’s supporters come to light.

FAQ

  1. Who founded Flyover Media?
    • Neil David Clasper founded Flyover Media in 2019 and serves as its director.
  2. How is Flyover Media funded?
    • Funding comes from reader contributions and grants, such as the €5,000 from the European Journalism COVID-19 Support Fund.
  3. What is a community interest company (C.I.C.)?
    • A C.I.C. is a type of company in the UK designed to serve the community’s interests, with profits reinvested into the business or community projects.
  4. What publications does Flyover Media produce?
    • Flyover Media publishes The Greenwich Wire, focusing on public interest news in Southeast London.
  5. Does Flyover Media have affiliations with larger media organizations?
    • No, Flyover Media operates independently, emphasizing local journalism without ties to larger media conglomerates.