Can The Prospect Be Saved?

May 1 2012 @ 5:26pm

The American Prospect, a liberal magazine that has cultivated the careers of some of the blogosphere's brightest lights, may shutter in June without a serious cash infusion:

Prospect editors "thought it was important to be fair to the staff, to let them know there was a possibility that if we didn't fill it, the Prospect's last issue as currently constituted would be the July/August issue." The Prospect, which has a robust website, publishes 10 print issues annually; the July/August double issue closes in late May. In addition to filling the funding gap, the magazine is looking to raise another $500,000 in pledged support for 2012 by the end of June, according to Rachlis.

Weigel has background on the magazine's finances. You can donate here.