Texas Observer Will Continue Publishing After Staff Crowdfunds More Than $300,000

From a story on texastribune.org by Sewell Chan headlined “Texas Observer will continue publishing after staff crowdfunds more than $300,000”:

Three days after voting to cease publication and lay off its journalists, the nonprofit publisher of the Texas Observer said on Wednesday that it would change course and keep the 68-year-old liberal magazine going, following an emergency appeal that crowdsourced more than $300,000.

“Today, upon receiving significant financial pledges over the past few days, the Texas Observer board gathered to vote to reconsider previous board actions,” Laura Hernandez Holmes, the president of the board of the Texas Democracy Foundation, which publishes the magazine, said. “The vote to rescind layoffs was unanimous, and the board is eager to move the publication to its next phase.”