The Ditch, backed by Web Summit's CEO Paddy Cosgrave, has influenced government changes, leading to resignations of prominent ministers following its news stories.
Despite Cosgrave's return as CEO, the Web Summit's financial support to The Ditch ceased, as confirmed by a spokeswoman, marking a significant change in funding.
The Ditch is generating income through reader subscriptions and voluntary donations, which could play a crucial role in its viability despite reduced funding.
Web Summit's directors received €4.05m in remuneration last year, indicating a significant financial increase and raising questions about funding practices amidst changing support for The Ditch.
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