You did it! You saved The Canary.
Late in July, we called for your help. We needed 1,000 people to become paying members of The Canary within six months in order to survive.
We never imagined we would be here, under two weeks later, having already reached and exceeded our six-month target.
Thank you, readers, you are amazing! You’ve reminded us what we can achieve when we come together as a community of people seeking to create a world that works for everyone.
More than 1,000 of you decided to stand in solidarity with us to support the vibrant, progressive, independent media sector and secure the future of The Canary. We can now focus on building a stronger and more resilient Canary.
Why fundraise? What’s changed?
We were running at a loss due to changes beyond our control. With just enough money to cover the losses for six months, we needed to do something to keep the lights on. Thanks to readers, we now have enough monthly income to survive beyond six months.
Our business model has, until now, relied largely on social media to drive traffic to our website, which then generates revenue from advertising.
Net profits are shared between remuneration for freelance writers and editors, with a small percentage going to directors, operational costs, marketing, and business development.
Read on...
Support us and go ad-freeThis model no longer works. Facebook and Google have changed their algorithms, reducing our overall traffic. Advertising income is falling across our sector, and people who oppose our politics encouraged advertisers to blacklist us.
When news of our appeal got around, our detractors prematurely celebrated our demise. But it backfired quite spectacularly. The more they celebrated, the more people flocked to support us. And now, our immediate future is secure.
New (temporary) business model
We are working to become less reliant on advertising. Instead, we want to be primarily a reader-supported publication. This campaign is an important stepping stone to reach that aim.
Our writers and editors deserve greater security, so we are also leaving the gig economy. We have created a number of part-time salaried positions for editors and staff writers. Freelance contributors will still be able to pitch, but most content will be produced by a smaller core team, for the time being. We will also accept or commission articles from guest writers.
The velocity with which we have reached our campaign target means that we are now free, for the next few months, to plan for the future.
At this point, we don’t know what the next phase of The Canary will look like, so we are taking a breath to create a solid plan. We have hundreds of ideas and this is going to be a very exciting time for the team.
What we do know is that the support of our readers means we get to fight on. We will break the stranglehold of the corporate-owned media and produce more of the ground-breaking, campaigning journalism you’ve told us you want to see.
A new target for support
We want to have a clear plan before we take our next step, so we haven’t yet raised our target.
That said, the more support we have, the more quickly we can move from survival mode to thriving and innovating again. So any support you can offer will be of value and in service to the ongoing development of The Canary.
Once again, a huge thank you to everyone who has stepped up to offer financial support. Together we can bring about change through campaigning journalism.
Featured image via Nancy Mendoza / Pixabay
Support us and go ad-freeGet involved
- Support The Canary with a monthly or annual donation.
- Share our support page (https://www.thecanary.co/support) with anyone else who might wish to support The Canary.
We know everyone is suffering under the Tories - but the Canary is a vital weapon in our fight back, and we need your support
The Canary Workers’ Co-op knows life is hard. The Tories are waging a class war against us we’re all having to fight. But like trade unions and community organising, truly independent working-class media is a vital weapon in our armoury.
The Canary doesn’t have the budget of the corporate media. In fact, our income is over 1,000 times less than the Guardian’s. What we do have is a radical agenda that disrupts power and amplifies marginalised communities. But we can only do this with our readers’ support.
So please, help us continue to spread messages of resistance and hope. Even the smallest donation would mean the world to us.
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It’s interesting that the current model is described above as
“Net profits are shared between remuneration for freelance writers and editors, with a small percentage going to directors, operational costs, marketing, and business development”
Whilst this page
https://www.thecanary.co/about/
Reveals that the “small” percentage going to directors etc is 25%. to the directors alone.
“Then we pay costs, which we keep below 10% of our gross revenue.
What is left is our net profit. We split this simply:
45% to our writers.
30% to our section editors, copy editors and sub-editor.
25% to our directors.”
(Although the FAQ page talks of accounting for tax before paying everyone and other costs which goes counter to traditional methods of accounting which account for tax after paying such costs)
Brilliant news , well done and a big FUCK YOU to all those who were trying to shut down free speech and undermine a truthful alternative to the MSM lies .
UP YOURs !
I’m one of those new supporters and have donated a monthly amount. I was inspired by the claims of Rachel Riley and her ilk who celebrated a bit too soon 😀 she claimed the Canary put out fake news and conspiracy theories which proves she knows nothing. I have noticed that a lot of the people wishing to shut down the Canary have links to Israel and it’s clear where this all originated from. Congrats on securing your future
Yep I got 2 others to join and subscribe solely because of Riley , so well done Rachet Riley you have been a great recruiting agent for the very thing you hate
Just as a test of “fake news” – would you agree with the description of 25% of the net profits going to the directors plus an unspecified percentage for costs as a “small percentage”?
It’s certainly pushing at the edges if not definitively fake.
“What we do know is that the support of our readers means we get to fight on. We will break the stranglehold of the corporate-owned media and produce more of the ground-breaking, campaigning journalism you’ve told us you want to see.”
Well said Kerry and I hope that when you set the next new target we can all support you and the team to meet it .
Keep up the great work ,,, it really pisses off the MSM and establishment trolls .
Au Contraire Kerry-Anne, the Canary values and your team behind it giving us alternative news that would otherwise not see the light of day. Oh and to wipe the smirk off of certain peoples faces, more than compensates for the price of a pint of beer per month.
The editors are certainly worth their money in keeping the Comment section a decent place.
Knowing the sincerity of the Canary I’m sure the learning curve of financially creating the Canary will work itself out as this happens to everyone starting out.
Well done you Imaginative Directors, in creating the “Canary”