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Texas Observer

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media3 years ago•5 min saved

Texas Observer Saved by Staff Fundraising and Board Reversal.

The Texas Observer, a 68-year-old liberal magazine and bastion of investigative journalism in Texas, has reversed its decision to shut down and lay off staff after former and current staff members fought the decision and raised over $290,000 in a last-minute online fundraising campaign. The nonprofit publisher of the magazine and website had planned to stop publication on Friday, prompting the staff to fight the decision. The Texas Observer is known for its coverage of political corruption, corporate influence, and racial and economic injustice.

via The New York Times|

#fundraising #journalism #layoffs

media3 years ago•7 min saved

Texas Observer Saved by Staff Fundraising Efforts and Board Reversal.

The Texas Observer, a 68-year-old liberal magazine, will continue publishing after its staff crowdfunded more than $300,000 in just three days. The nonprofit publisher had voted to cease publication and lay off its journalists, citing financial struggles. However, the emergency appeal allowed the board to reconsider its decision and rescind the layoffs. The magazine still faces significant obstacles to its survival, including stabilizing the organization and making it economically sustainable.

via The Texas Tribune|

#crowdfunding #financial-struggles #journalism

media3 years ago•4 min saved

Texas Observer Saved by Successful Fundraising Campaign

The Texas Observer, a nonprofit publication known for its liberal opinion and investigative journalism, is set to shut down after 68 years due to financial struggles. Former and current staff members are fighting the decision and have raised over $250,000 in a last-minute online fundraising campaign. The publication has a history of internal strife and has struggled to attract younger progressive donors. The board's decision has caused controversy, with former staff members sending a letter of protest. The Observer's writers have long prided themselves on covering stories about political corruption, corporate influence, and racial and economic injustice.

via The New York Times|

#fundraising #journalism #layoffs