Jack, bad news, Daily Kos' revenue has been lagging behind our projections and we have been struggling to make ends meet.
Daily Kos relies on three different sources of revenue: community fundraising, advertising, and list building, in which Democratic and progressive campaigns pay for the opportunity to make their case to our readers over email. Unfortunately, last year we were hit by a perfect storm as two of these three sources started lagging behind their projections.
Like many news media outlets our advertising income has continued to shrink as internet behemoths like Facebook, Apple, Amazon and Google suck up an ever greater share of the digital advertising dollars and businesses cut their advertising budgets in the face of an uncertain economy. Meanwhile, new organizations got into the list building business undermining and disrupting our work.
Just as we have for the last few months, we have raised our June fundraising goal by $100,000 in hopes of making up that lost revenue. Daily Kos needs to raise another $69,648 by the end of June to reach our fundraising goal. Jack, please support progressive news and activism with a donation $5 or whatever amount is meaningful to you.
DONATE
Thank you for all you do,
Amanda McKay, Daily Kos
If you wish to donate by mail instead, please send a check to Daily Kos, PO Box 70036, Oakland, CA, 94612. Contributions to Daily Kos are not tax deductible.
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