The Sale of the Washington Post Really Isn’t That Big a Deal

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Ed Kilgore:

Gotta say, the quantity of writing about the WaPo sale–particularly at WaPo–is pretty astounding. Don’t know if it’s the slow news day or some editorial effort to show the paper’s independence, or some sort of collective mid-life crisis. But nobody’s going to say this story is under-reported.

No kidding. My blogging has been light lately because I’ve been fighting off a cold for the past few days, and on Monday in particular I just gave up. By mid-afternoon, not only was I bleary-eyed from the invasion of rhinoviruses, but everywhere I looked nobody was talking about anything but the sale of the Post. So I called it a day and took a nap.

But seriously: who cares? Rich people have been buying newspapers for a long time, and that’s only accelerated over the past few years. Rupert Murdoch bought the Journal. Sam Zell bought the LA Times. John Henry just bought the Boston Globe. Now Jeff Bezos has purchased the Post. It’s really not that big a deal. The decline of big city dailies has been ongoing for decades; the reasons for the decline are well known; and this has produced an ownership game of musical chairs that shows no signs of slowing down. The Post sale took everyone by surprise, but aside from that it’s just more of the same.

So can we shut up about it already? Pretty please?

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WE'LL BE BLUNT

It is astonishingly hard keeping a newsroom afloat these days, and we need to raise $253,000 in online donations quickly, by October 7.

The short of it: Last year, we had to cut $1 million from our budget so we could have any chance of breaking even by the time our fiscal year ended in June. And despite a huge rally from so many of you leading up to the deadline, we still came up a bit short on the whole. We can’t let that happen again. We have no wiggle room to begin with, and now we have a hole to dig out of.

Readers also told us to just give it to you straight when we need to ask for your support, and seeing how matter-of-factly explaining our inner workings, our challenges and finances, can bring more of you in has been a real silver lining. So our online membership lead, Brian, lays it all out for you in his personal, insider account (that literally puts his skin in the game!) of how urgent things are right now.

The upshot: Being able to rally $253,000 in donations over these next few weeks is vitally important simply because it is the number that keeps us right on track, helping make sure we don't end up with a bigger gap than can be filled again, helping us avoid any significant (and knowable) cash-flow crunches for now. We used to be more nonchalant about coming up short this time of year, thinking we can make it by the time June rolls around. Not anymore.

Because the in-depth journalism on underreported beats and unique perspectives on the daily news you turn to Mother Jones for is only possible because readers fund us. Corporations and powerful people with deep pockets will never sustain the type of journalism we exist to do. The only investors who won’t let independent, investigative journalism down are the people who actually care about its future—you.

And we need readers to show up for us big time—again.

Getting just 10 percent of the people who care enough about our work to be reading this blurb to part with a few bucks would be utterly transformative for us, and that's very much what we need to keep charging hard in this financially uncertain, high-stakes year.

If you can right now, please support the journalism you get from Mother Jones with a donation at whatever amount works for you. And please do it now, before you move on to whatever you're about to do next and think maybe you'll get to it later, because every gift matters and we really need to see a strong response if we're going to raise the $253,000 we need in less than three weeks.

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