Earlier this year, The New York Times profiled Beacon, a crowdfunding platform for journalists. The writer wondered: With all the hand-wringing in the news industry about asking readers to pay for content, would they ever sponsor a journalist?
Now, just a few months later, that question has been answered. As of this week, Beacon readers have raised $41,074 in partnership with The Huffington Post for a reporter covering the ongoing story of Michael Brown’s shooting in Ferguson, Missouri. The recipient of the funding, Mariah Stewart, has been catapulted from her job as a bra fitter at a nearby mall — she’s since put in her two weeks notice — to the front lines of a national story.
The last few months have been big for Beacon, too.… Read more