Two U.S. magazines, Pacific Standard and Governing, are ceasing publication, The Hill and others reported.
“Today is an extremely difficult day, the worst day—and I’m heart-broken and devastated. We learned this morning, without any warning, that our primary funder is cutting off all charitable giving and that our board is shutting down @PacificStand, effective next Friday,” tweeted Pacific Standard Editor-in-Chief Nicholas Jackson on Aug. 7.
The magazine is published by the Social Justice Foundation and almost entirely funded by SAGE Publishing. “SAGE is unable to continue to offer the very considerable financial support that the magazine requires to be viable while also investing in the core businesses of SAGE Publishing and, as a result, the Board of the Foundation had no alternative but to take this decision,” said a statement from the foundation. “The Board is committed to exploring options for maintaining the availability of Pacific Standard’s content or otherwise continuing the work of the magazine,” the statement said.
Governing, covering local and state government, announced it was shuttering this fall.
“For the past several years, Governing and our parent company, e.Republic, have made continued investments in the magazine, in governing.com and in the numerous events we host throughout the country. Ultimately, however, Governing has proven to be unsustainable as a business in today’s media environment. We will cease publication of the monthly print magazine after September, and we will be ramping down our web presence and the rest of our operations over the next few months,” said a statement from the publication.