Help a starving business reporter
They moved your markets. Now you can move their bank accounts.
The Society of American Business Editors and Writers, or SABEW, is hosting an event next week at Columbia University’s School of Journalism to help business journalists who have lost their jobs or found themselves in other tough straits because of the biggest story on every business reporter’s beat — the financial crisis. Here is the text of the invitation:
Former Wall Street Journal Managing Editor and ProPublica founder Paul Steiger, and New York Times Business Editor Larry Ingrassia invite you to join them at an event to benefit business journalism and the Society of American Business Editors and Writers (SABEW).
SABEW needs your support to help displaced business journalists and train business journalists for the digital age and new media landscape. Among SABEW’s programs are a revamped job listing site, a market for freelancers to find work, a mentor program for displaced journalists, teletraining on multimedia and business journalism topics, scholarships to attend conferences and training, and a revamp of our website to provide more robust services to members.
The event is free but donations to the SABEW Fund for the Future are requested as SABEW must raise $50,000 by August to qualify for a matching amount from four foundations.
Many of the business reporters who have recently lost their jobs worked at newspapers and magazines that have been shedding employees right and left because advertising revenue is plunging. Some of that is because of the recession, but much of it is because advertisers see fewer people reading those publications and are moving their ad dollars elsewhere.
So here is one way that you can help even if you can’t make the reception: Subscribe to your local paper or subscribe to some magazines. It doesn’t come with cocktails and canapes, but it’s pretty effective if enough people do it.