SAVE ARTHUR MAGAZINE NOW!

June 26th, 2008 | News

From various emails and the Arthur site:

Arthur Magazine needs $20,000 by July 1 or it will die.

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.

UPDATE: More from Jay…

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.