Beacon Reader, a Journalism Crowdfunding Platform, Is Closing Down

One of journalism’s most prominent crowdfunding platforms announced Monday that it’s shutting down after a three-year run.

In an email to the platform’s users Monday evening with the subject line “Beacon is shutting down,” the company announced it’s “no longer accepting monies on behalf of journalists or publications,” meaning that “there will be no way to earn money through Beacon.”

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