From Common Dreams <[email protected]>
Subject The graveyard of digital media
Date June 24, 2023 8:27 PM
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Layoffs and cutbacks in online news are an existential threat to democracy.Friend,

BuzzFeed News was once seen as the future of online news. Now it’s
gone.

Vice News was once celebrated as the internet-based hope for
investigative reporting. Now it’s bankrupt.

This year alone, layoffs and cutbacks have been announced at so many
news sites that it’s nearly impossible to keep track—all driven by
rising costs and declines in website traffic due to the greed of venture
capital and changes in the big social media algorithms.

But what makes the graveyard of online news media so dangerous for
democracy is that it’s coming after two decades of newspapers gutting
newsrooms or going out of business, leaving fewer and fewer reliable
news sources to inform the public and hold the powerful accountable.

At Common Dreams, we’ve never taken a dime of advertising or charged a
subscription fee. But we’re still affected by these same broader
forces that are driving up our costs and making it harder for people to
find news they can trust.

That’s why our periodic fundraising campaigns are so crucial to
everything we do—and to meet our Mid-Year Campaign goal, we need
readers like you to do whatever possible to reach it.

Will you donate right now to help make sure we don’t fall short?
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DONATE
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With solidarity and gratitude,

Kimberly Monaghan
Board Chair
on behalf of the entire Common Dreams team

PS: Common Dreams relies on sustaining donors to keep us going full
steam ahead. Will you become a monthly donor today?
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Call 207.775.0488 to donate by phone or mail a check to:
Common Dreams, PO Box 443, Portland, ME 04112, United States

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