Around the Net
New Matilda A 'Victim Of Its Own Success'?
- The Guardian, Monday, May 5, 2014 3:04 PM
The independent news website New Matilda is set to close, citing a difficult financial situation and increased competition from other media outlets. Marni Cordell, editor of New Matilda and owner of the business which publishes it, said she could no longer run the site, which “probably means the end of NM”. In a letter to readers, Cordell said she had not taken a regular wage since January, passing income from New Matilda’s paid subscribers to younger staff in the hope they could help the site thrive.
