Is Newzulu Ltd a next-gen disruptor?

Newzulu Ltd (ASX:NWZ) is looking to be a next-gen disruptor following in the footsteps of SEEK Limited (ASX:SEK).

a woman

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

Disruptive news sourcing and distribution business Newzulu Ltd (ASX: NWZ) this morning announced it has struck a content syndication agreement with Getty Images to distribute crowd sourced news content to Getty's client list of media outlets, creative agencies and commercial businesses worldwide.

The agreement is expected to focus on increased distribution of crowd-sourced videos including videos sourced from the Newzulu Live mobile video streaming platform.

Newzulu is a digitally-driven media company that offers to pay members of the public or freelance journalists a fee for photos or videos taken that cover news stories worldwide. The freelancers effectively take a small cut of the fee that Newzulu receives when selling on the images to major news distributors.

Notably, the news media landscape is changing fast, first disrupted by the shift online and now potentially demolished by the shift toward social media where people share news within their own self-constructed networks.

Indeed, Newzulu may be one of the first ASX-listed businesses to harness the seemingly supernatural powers of social media network Twitter Inc to help monetise its business.

For example anyone with a smart phone anywhere in the world can send in images to Newzulu via the Twitter social network and also check to see what images are required. In effect Newzulu is working toward creating a global army of citizen journalists able to offer the best images of recent news events such as the earthquake in Nepal.

The tech innovator has other distribution agreements with the Press Association in the UK and Ireland, Agence France Pressse (AFP) in France and the Australian Associated Press (AAP) among other news global news distributors.

Of course for investors the question is whether Newzulu can turn its promise into profit, as its investment for growth means it recently posted a substantial half-year loss.

The jury's out on that one, although selling for 11 cents today the stock is arguably a spec buy.

Other internet-based disruptive success stories include SEEK Limited (ASX: SEK) and REA Group Limited (ASX: REA), although there's another online business that probably has the most gangbusters growth potential of all. To find out all about it just read on below.

Motley Fool contributor Tom Richardson has no position in any stocks mentioned. You can find Tom on Twitter @tommyr345  The Motley Fool Australia has no position in any of the stocks mentioned. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

More on ⏸️ Investing

Close up of baby looking puzzled
Retail Shares

What has happened to the Baby Bunting (ASX:BBN) share price this year?

It's been a volatile year so far for the Aussie nursery retailer. We take a closer look

Read more »

woman holds sign saying 'we need change' at climate change protest
ETFs

3 ASX ETFs that invest in companies fighting climate change

If you want to shift some of your investments into more ethical companies, exchange-traded funds can offer a good option

Read more »

a jewellery store attendant stands at a cabinet displaying opulent necklaces and earrings featuring diamonds and precious stones.
⏸️ Investing

The Michael Hill (ASX: MHJ) share price poised for growth

Investors will be keeping an eye on the Michael Hill International Limited (ASX: MHJ) share price today. The keen interest…

Read more »

ASX shares buy unstoppable asx share price represented by man in superman cape pointing skyward
⏸️ Investing

The Atomos (ASX:AMS) share price is up 15% in a week

The Atomos (ASX: AMS) share price has surged 15% this week. Let's look at what's ahead as the company build…

Read more »

Two people in suits arm wrestle on a black and white chess board.
Retail Shares

How does the Temple & Webster (ASX:TPW) share price stack up against Nick Scali (ASX:NCK)?

How does the Temple & Webster (ASX: TPW) share price stack up against rival furniture retailer Nick Scali Limited (ASX:…

Read more »

A medical researcher works on a bichip, indicating share price movement in ASX tech companies
Healthcare Shares

The Aroa (ASX:ARX) share price has surged 60% since its IPO

The Aroa (ASX:ARX) share price has surged 60% since the Polynovo (ASX: PNV) competitor listed on the ASX in July.…

Read more »

asx investor daydreaming about US shares
⏸️ How to Invest

How to buy US shares from Australia right now

If you have been wondering how to buy US shares from Australia to gain exposure from the highly topical market,…

Read more »

⏸️ Investing

Why Fox (NASDAQ:FOX) might hurt News Corp (ASX:NWS) shareholders

News Corporation (ASX: NWS) might be facing some existential threats from its American cousins over the riots on 6 January

Read more »