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Quick update about Daily Kos's finances:

From

dailykos.com

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campaigns@dailykos.com

Sent On

Mon, Feb 12, 2024 01:01 AM

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Good news, friend! After companies slashed their advertising budgets in fear of a looming recession,

Good news, friend! After companies slashed their advertising budgets in fear of a looming recession, they are finally starting to invest more in advertising and [revenue is rebounding.]( Bad news: Big Tech, like Google, Facebook, and Amazon, are the only ones [reaping the benefits](, leaving little left for struggling news organizations like Daily Kos. This isn't anything new, Big Tech has been sucking up an ever-growing share of this coveted revenue stream for nearly a decade now. It is now almost impossible for news organizations to survive on advertising revenue. News organizations have had to evolve their business models in order to survive. Some have expensive subscriptions or lock up their content behind a paywall. Neither of these options felt like they supported Daily Kos's mission of fighting for democracy. Instead, we asked our readers and activists to donate a few dollars at a time to support our work and keep our content accessible to everyone. Today, grassroots donations make up the bulk of our revenue to cover our expenses. We prefer this way, we know that in order to keep operating, we have to fight and deliver for what you believe in. [In other words, Daily Kos can't survive without the support from readers and activists like you, friend. Please support progressive news and activism with a donation of $5 or more to Daily Kos.]( [DONATE]( Thank you for all you do, Amanda McKay, Daily Kos If you wish to donate by mail instead, please send a check to Daily Kos, PO Box 70036, Oakland, CA, 94612. Contributions to Daily Kos are not tax deductible. Sent via [ActionNetwork.org](. To update your email address, change your name or address, or to stop receiving emails from Daily Kos, please [click here](.

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