Crinkling News to stop publication eight months after raising $210,000

Written by admin on 09/26/2019 Categories: 广州桑拿

Editor of the children’s newspaper “Crinkling”, Saffron Howden at the launch at The Australian museum. Photo Nick Moir 20 april 2016Eight months after being thrown a lifeline of more than $210,000, children’s newspaper Crinkling News is no more.
Nanjing Night Net

The newspaper’s founders, Saffron Howden and Remi Bianchi, issued a statement on Tuesday night to its loyal readers, subscribers and supporters that the publication will need “a much bigger business, government or philanthropy to take all the amazing things we have done together and keep the momentum going”.

“We made every cent stretch as far as it possibly could,” they wrote.

“But we are very sorry to say we cannot keep publishing the newspaper with the resources we have.”

Crinkling News is written by adults but children write opinion pieces, reviews and act as junior reporters.

The Sydney-based newspaper raised $212,300 through a crowdfunding platform in May 2017. Ms Howden had said that money would go towards making the weekly publication self-sustaining.

But the crowdfunding platform and payment processing system cost the newspaper almost $20,000 while a further $53,000 “went to servicing new subscriptions to the newspaper and perks that people claimed as part of their crowdfunding contribution”.

“So $139,692.85 was left as new funds to invest in the continuation and growth of Crinkling News,” they wrote.

“That money allowed us to cover news for kids for a further eight months, launch Australia’s inaugural media literacy conference for young people, do the first research into how kids and teens get their news across the nation, and more.

“We do not believe there is anyone who could have achieved more with the funds available or made them stretch any further in this market and environment and maintain the high standards for which Crinkling News is known.

“The funds were not raised in vain.”

Subscribers will no longer receive their weekly copy but are eligible for a refund on the remainder of their subscription.

“Two years ago, we left our careers in journalism for grown-ups and put all our personal savings into launching Australia’s only national newspaper for kids,” the founders wrote.

“We thought it was about time young people had their own quality newspaper, especially at a time when information comes from so many different places and it’s not always clear who’s producing it or why.

“We strived for excellence and integrity and you inspired us to keep going and do even better. You proved the need and worth of Crinkling News.”

This story Administrator ready to work first appeared on Nanjing Night Net.

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