SD News Network Expanding to OC
Neil Senturia, the entrepreneur and investor who launched the San Diego News Network in March (and a Riverside news site in August), plans to debut a similar website in Orange County before the end of the year, according to a report on SDNN. Senturia tells Forbes he also plans to raise $40 million over the next two years to create 40 news sites in cities throughout the United States and Canada. The San Diego News Network’s annual budget, which is less than $1 million, pays for 16 full-time employees, 23 freelancers, and 16 bloggers.