New website 'Kachingle' could help fund newspapers & bloggers

Here's the basic idea of Kachingle: Users contribute a small amount, currently $5.00 per month, voluntarily. While surfing they select content sites they like and want to support. At the end of the month, their monthly fee is distributed to their sites, based on how much time they spent on each site.

"We're going to have at least three, probably five or six major newspapers signed up by the time we launch," said Fred Dewey, CEO of Kachingle. 

Kachingle will take 20 percent of the revenue collected and distribute the rest to its publishers.

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