Grist, the Seattle-based non-profit online magazine that has coated local weather, sustainability, social justice and extra for 20 years, has acquired the assets of Pacific Standard, a magazine targeted on many of the identical points, which closed final 12 months.
In a note to readers on Tuesday, Grist CEO Brady Piñero Walkinshaw credited Pacific Standard’s “hard-hitting and impactful long-form journalism,” which he stated inspired readers “to take into consideration how society works, and the way it may work for the higher.”
In accordance to Axios’ Sara Fischer in her Media Trends newsletter, Walkinshaw stated there is no such thing as a money part to the deal, that it was not a purchase order.
Grist’s curiosity lies in sustaining public entry to greater than 20,000 tales revealed over Pacific Standard’s 13-year lifetime. Fischer stated that content attracts an viewers of 1 million readers per 30 days and generates advert income of about $2,000 to $3,000 a month.
“The content collected at psmag.com displays years of work by a neighborhood of extremely proficient reporters, editors, photojournalists, and creatives,” Walkinshaw wrote. “It holds immense worth to the general public in a time when journalism — particularly the deep, longform, closely fact-checked sort Pacific Standard was identified for — is extra vital than ever.”