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Storyful: The Evolution of Social News Verification

Storyful: The Evolution of Social News Verification

In the modern digital era, the speed of information often outpaces the speed of truth. To bridge this gap, Mark Little, a former RTÉ One television journalist, founded Storyful in Dublin, Ireland, in 2010. Established as a social news agency, Storyful was designed to verify news sources and online content, ensuring that the flood of user-generated content (UGC)—material created by the general public rather than professional journalists—could be trusted by major media outlets.

Storyful built its reputation on a comprehensive pipeline of finding, verifying, distributing, licensing, and commercializing content from social networking services. From documenting the Arab Spring protests and the Syrian Civil War to capturing smaller viral moments, the agency aimed to combine the authenticity of raw social media footage with the authority of professional verification tools.

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Acquisition and Global Expansion

The company's value in the digital landscape became evident on December 20, 2013, when News Corp purchased Storyful for US$25 million. Following the acquisition, News Corp established a New York office located in the same building as the main Fox News studios. Robert Thomson, CEO of News Corp, stated that the acquisition was a strategic move to define the opportunities of the digital landscape rather than simply adapting to them.

Under News Corp's ownership, Storyful expanded its scope to include commercial and creative work. This growth was aggressive; the company's global staff grew from approximately 30 employees in 2014 to about 200 worldwide. However, this rapid expansion came with financial challenges. Between 2014 and February 2018, the company experienced swelling losses that required multiple cash injections from News Corp.

The Role of Verification Technology

Central to Storyful's operation was its proprietary social media monitoring software called Verify. This tool allowed journalists to use a web browser extension that notified them when specific social media content had been "verified and cleared" for use.

While the tool provided efficiency, it also raised privacy concerns. In 2016, The Guardian reported that the Verify plugin allowed dozens of Storyful staff across four offices to monitor the browsing activity of the journalists using the software without their knowledge. This data was reportedly used to create an internal, real-time feed of client activities on social media.

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Combatting Misinformation

Storyful has played a critical role in debunking doctored media and identifying coordinated misinformation campaigns. In November 2018, the agency proved that a 15-second clip circulated by Paul Joseph Watson of Infowars—which appeared to show CNN's Jim Acosta physically striking a White House intern—had been doctored.

Similarly, in January 2019, Rob McDonagh, editor of Storyful's U.S. news team, investigated a viral video that served as a catalyst for a confrontation at the Lincoln Memorial during an Indigenous Peoples March. McDonagh identified that the video was posted by a suspicious account, @2020fight. By analyzing the account, the team found several red flags:

  • A high follower count paired with inconsistent and highly polarized political messaging.
  • An unusually high frequency of tweets.
  • The use of a stolen profile image.

Despite these red flags, the video garnered 2.5 million views by January 22, demonstrating how unverified content can frame a global news cycle before verification teams can intervene.

Key Facts

  • Founded: 2010 in Dublin, Ireland, by Mark Little.
  • Acquisition: Purchased by News Corp in 2013 for US$25 million.
  • Core Service: Verification, licensing, and commercialization of user-generated content (UGC).
  • Growth: Staff increased from ~30 in 2014 to ~200 globally.
  • Key Tool: "Verify" software used for monitoring and clearing social media content.
  • Impact: Successfully debunked doctored videos involving CNN and identified misinformation from the @2020fight account.
Storyful Company Overview
Category Details
Founder Mark Little
Parent Company News Corp (since 2013)
Primary Function Social News Agency / Content Verification
Key Software Verify
Headquarters Dublin, Ireland (with NY office)

Frequently Asked Questions

What is Storyful's primary purpose?

Storyful operates as a social news agency that finds, verifies, and licenses user-generated content and social media posts to ensure they are authentic before they are used by news organizations.

How does the Verify software work?

Verify is a monitoring tool and browser extension that informs journalists when social media content has been vetted and cleared for publication.

Who acquired Storyful and for how much?

News Corp acquired Storyful on December 20, 2013, for US$25 million.

How does Storyful identify suspicious social media accounts?

The team looks for patterns such as inconsistent political messaging, unusually high posting rates, the use of fake profile photos, and discrepancies between follower counts and content quality.

What are some examples of Storyful's verification work?

Storyful successfully proved that a video of CNN's Jim Acosta was doctored and identified a misleading viral video from the @2020fight account during the 2019 Indigenous Peoples March.

References

  1. A two-second long snippet was repeated, pausing three frames for a fraction of a second, which resulted in a slight time compression elsewhere.
  2. According to The New Yorker article, McDonagh's team includes news analysts with different specialties including Anne Winberry who is a trends editor. Michael Edison Hayden "covers the dark underbellies of the Internet" such as the 4chan, 8chan, Daily Caller, etc.
  3. Woods, Killian (11 February 2018). "Four years after its News Corp takeover, Storyful is going through a painful adolescence". Fora. Retrieved 22 January 2019.
  4. Keane, Jonathan (14 January 2019). "Irish-founded media firm Storyful has shut its Hong Kong office as it lays off staff". FORA. Retrieved 22 January 2019.
  5. Sharma, Amol; Rubin, Ben Fox (20 December 2013). "News Corp Makes Social-Media Push". The Wall Street Journal. Retrieved 22 January 2019. Media Company Acquires Storyful for $25 Million...News Corp said Friday it purchased Storyful, a Dublin-based startup that scours social-media services like Twitter and Instagram to help newsrooms source, verify and distribute breaking news and viral online content. News Corp owns The Wall Street Journal. The $25 million acquisition is the first for News Corp since it was spun off in late June from