Staff of The Global Mail are seeking alternative sources of funding to keep the publication alive after philanthropist Graeme Wood announced he would withdraw his financial commitment from February 20.
In a statement released by The Global Mail, staff say Wood’s departure still allows them to pursue “ambitious plans for the future” and they are seeking both philanthropic and commercial opportunities to maintain the publication.
“We are pursuing editorial and publishing partnerships in Australia and beyond,” the statement said.
“The Global Mail’s award-winning journalism – longform, photos, video, multimedia and data projects – has also been published well beyond The Global Mail’s own multiple urls, on the The Daily Beast, Time.com, Guardian (UK and Australia), CNN and others.”
The Global Mail launched in February 2012 with a commercial free model that would allow journalists and photographers to pursue in-depth stories without deadline pressure. Their work has been recognised at both The Kennedy Awards and the Walkleys.
During the last month it co-published was heavily involved in an International Consortium of Investigative Journalists (ICIJ) investigation into China’s elite using tax havens, worked with Fairfax Media on a multimedia and news story, launched a platform for whistleblowers called SecureDrop in partnership with the Freedom of the Press Foundation.
Staff at the website also confirm that The Global Mail is finalising a copy for an ebook aimed at the US and global market which has been authored by “a Pulitzer Prizewinner”.
“Accordingly, the management of TGM is seeking expressions of interest from potential partners,” The Global Mail staff said.
Interested parties should contact: email@example.com
The full statement:
The Global Mail staff statement
Graeme Wood advised the management and staff of The Global Mail yesterday that he is unable to continue funding the digital journalism producer after February 20.
However, he also agreed that the staff is free to seek other investors or philanthropists who may wish to see the success of TGM continue and expand.
This allows us to pursue ambitious plans for the future. With the support of key figures in media globally, The Global Mail team is exploring various models – both philanthropic and commercial.
In TGM’s shift to more project-based journalism in 2013, it published fewer stories but gained audience, averaging 120,000 unique visitors; its subscriber base has doubled, to more than 18,000; and TGM has established a substantial and engaged social media following – all without paid marketing or advertising.
We are pursuing editorial and publishing partnerships in Australia and beyond. TGM’s award-winning journalism – longform, photos, video, multimedia and data projects – has also been published well beyond The Global Mail’s own multiple urls, on the The Daily Beast, Time.com, Guardian (UK and Australia), CNN and others.
Today we are finalising copy for an ebook authored by a Pulitzer Prize winner.
A partnership between TGM and a US publisher, it will be launched soon aimed at the US and global market. It has been accepted onto the prestigious Kindle Singles list.
In the past month TGM has co-published a multimedia and news story with Fairfax; launched SecureDrop, a secure platform for whistleblowers, in concert with the Freedom of the Press Foundation; and published the offshore leaks stories as the first institutional member of the International Consortium of Investigative Journalists.
Accordingly, the management of TGM is seeking expressions of interest from potential partners.