The American Prospect faces a challenge: how to shift their business model so supporters don't have to bail them out with another $1.2 million but maintain their identity as a wonky, liberal, policy focused magazine.
Liberal policy magazine The American Prospect has raised enough money to survive another year after a launching a frantic fundraising drive at the end of April to cover its operating gap, editor Kit Rachlis told the Huffington Post Wednesday.
The left-leaning magazine The American Prospect needs a benefactor, and quickly: It's short in its funding, according to The Huffington Post's Michael Calderone, and needs $500,000 just to stay open past the end of May.
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