bummer. i guess rusty’s headline says it all.
We’re Broke: The Economics of a Web Community:
“I come to you, Kuro5hin community, in an hour of need.
Great googly-moogly, could that be any more pompous? Nevertheless, it’s true. You see, I found out last week that K5 is out of money. Our last remaining funds just went off to the gub’mint for quarterly taxes. I won’t get a paycheck this month. Subscription income will help a little, but in the longer term, the prognosis is bleak. Frankly, I don’t know what to do.
So I thought I’d take a little time and lay out the structure and workings of the media business in general, and K5 in particular, and ask what you think I should do.”