Arthur Magazine needs $20,000 in three days or it will die

Arthur Magazine, one of the only music publications in the modern world that actually doesn’t suck and matters, needs a cool $20,000 or “it will die”. So if you’re a rich guy with bad karma, here’s your chance to straighten that shit out. If you’ve got that kinda coin laying around, sent it over to these hippies so they can keep writing about cool music and art. Good luck dudes! Love, Buddyhead.

Here’s what they posted on their site explaining their situation:



06/26/2008
Arthur Magazine needs $20,000 by July 1 or it will die.
Posted by arthur magazine staff
One year ago I ran up my credit cards and borrowed money from friends and family in order to buy out my ex-partner in Arthur. Since then I have maxed out my personal and business credit cards to service that debt and to start up publication of Arthur again. We have worked very hard with very little resources: some of us could afford to work pro bono, others could afford to work at well below market, still others couldn’t afford to work for Arthur but did it anyway.Still, we have bills to pay, and debt to service. Starting up again costs money. And my credit cards are now maxed out.

On the heels of lower than expected ad sales (although they are trending up), increased production and distribution costs (higher quality printing and paper, higher fuel costs, increased printrun), and an “under-performing non-magazine product” (the Living Theatre dvd, for which we’ve sold less than 25% of the printrun since launch, received zero reviews or notices, etc), spiraling debt service payments (now $2k a month) on startup costs, and most importantly ZERO NEW BACKERS… we’ve finally reached the point where

WE HAVE NO MORE MONEY.

If we don’t obtain at least $20k in the next six days, ARTHUR is done. Our long-term prospects are good, if we are fortunate enough to make it through this rough patch.

Please help. No donation is too small.

Our preferred method of payment is Paypal. It is a free service to buyers, and enables you to pay directly By VISA, MASTERCARD, AMEX, DISCOVER or from your checking account or debit card. You can also convert foreign currency to U.S. dollars. Signing up only takes a few minutes.

Please use PayPal to make a donation to editor at arthurmag dot com

Thank you.

Jay Babcock
Arthur Magazine

Link: http://www.arthurmag.com/magpie/?p=2932

I’m sure if you could spread the word somehow on your blog or whatever, you could REALLY help to get them to pull through, and hence why I’m emailing you about it.

Take care,

-Adrian


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  • Carrie

    spammed every place I could, goal is reached later…

  • http://helloerica.com Erica

    Damn, wish I had a cool 20K.

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