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Suite101 to experiment with co-op model as company abandons site revenue hopes

News | 01/23/2002 5:00 am EST
Executives at Vancouver’s Suite101.com Inc. are preparing to transfer operation of their money-losing online writer’s community to the editors who have been contributing to the site for the past six years. The unusual move comes as the company hopes to launch a new online learning initiative in a bid to preserve its remaining investment capital and find a viable revenue model.

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