Inside the Mother Jones Pocketbook

An editor’s reflections upon Mother Jones’ second birthday.

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It feels rather strange to find Mother Jones approaching its second birthday next month. The mortality rate of new political magazines is so high that sometimes we feel like some shell-shocked Survivor of Verdu who knows that, statistically speaking, he should not be alive at all.

It is saddening that publishing independent magazines should be such a risky business. In the back of our minds, many of us who should know better still believe in the myth of the free press: if you have enough good ideas to attract readers, you can start your own publication and it will flourish. In Tom Paine’s day that may have been true. But if he were around today Common Sense would end up as a subsidiary of RCA. Magazine publishing is becoming ever more tied to the large corporations.

The classic successful magazine these days is either started by a major corporation or is bought out by the time it is several years old. Like newspapers, increasing numbers of magazines are now owned by chains. Two corporations most people have never heard of, for example – Peterson Publishing and Ziff Davis-publish 37 magazines between them. And, like publishing houses, magazines are being bought up by big multinationals that aren’t even in the publishing business. New Times, for instance, was just purchased by MCA, the entertainment conglomerate.

For these corporate owners, a magazine is a way of reaching specialized audience they can then “sell” to advertisers. The key to success is finding an audience no one has precisely targeted before -cockroach collectors, for example. And so, the first issue of Roach will come off the presses.

An even more typical new magazine might be for a still more specialized and more affluent audience-say, roachcatching-equipment manufacturers. Cockroach Industry Week won’t have as big a circulation, but its ad rates will be higher than Roach’s, since the reader the magazine sells to advertisers is not just someone who can pay $50 for an insect display case but someone who can buy $50,000 worth of exterminating equipment.

So when we set out to found Mother Jones, everybody told us we were crazy. Readers who were interested in social change and positive alternatives, who wanted to read corporate expos6s, were not an “audience” in the traditional sense of the term. There are no manufacturers of social-change equipment. We could never get enough readers, skeptics said, to make the magazine economically viable otherwise.

They were wrong, of course. This issue of Mother Jones has a press run of more than 130,000; the next, which will follow a major promotional campaign, more than 200,000. That’s the largest circulation any magazine of the Left has had since the late Ramparts (where a number of us here used to work) at the height of the anti-war movement.

That still leaves, however, the difficult economics of publishing a magazine. It is an expensive process. Paper costs are going up because, among other things, the pulpwood industry, like the oil industry, is an oligopoly able to raise prices at will.

Lithography, basically the process of turning pasted-up pages and art into printing plates, costs us $58,000 a year. Acquiring new subscribers is costly for us, too: more than 50 per cent of the money we take in from each new subscription has already been spent on the direct mail or advertising costs necessary to reach that subscriber. In short, the costs of publishing Mother Jones far exceed what we take in from subscriptions. Where, then, does the money come from?

From four principal sources:

* Economizing. We scrimp in every way possible. Our entire manuscript budget for one month is far less than what The New Yorker pays one writer for one “Profile.” Most people working here get less than half the Salaries that editors or business executives at other magazines receive.

* Donations. We are published by a nonprofit foundation. One staff member, Diana Dillaway, works full-time, searching the country for people who have that rare combination of sympathy for what we’re doing in Mother Jones and money enough to make us substantial donations.

* Readers. In the last several months we have asked readers to renew their subscriptions for several years in advance; a stunning 14,000 of you have done so. Encouraged by this, we are going to be asking readers in the months ahead to make us tax-deductible donations.

* Advertising. It was not without qualms that we decided a while ago to accept paid advertising. But our readers turned out to have fewer doubts than we. We polled 2,000 of you, asking, among other things, “Would you be willing to pay up to 25 per cent more for your Mother Jones subscription if the magazine contained no advertising?” An overwhelming 87 per cent of you said no.

Rest assured, though, that more advertising will in no way change what we say in our articles. Indeed, after each issue goes to bed, we mentally cross off one or two corporations we know will never buy an ad. Three guesses which company you can scratch after this issue. Clue: read the article starting on page 118.

 

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.

payment methods

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.

payment methods

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