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>Steele, a former television journalist, started Nautilus in 2012 with a two-year, $5 million grant from the John Templeton Foundation, a Pennsylvania-based phi
by cookiecaper 10y ago
>Steele, a former television journalist, started Nautilus in 2012 with a two-year, $5 million grant from the John Templeton Foundation, a Pennsylvania-based philanthropy that describes itself as targeting the world’s “big questions” in science, religion, and philosophy. That money, supplemented with an additional $2.1 million from Templeton, was the main funding source for Nautilus in the run-up to publication, and during its first two years in print. But the Templeton Foundation typically reduces support for startup ventures after the first three years, and, accordingly, it has dialed back funding for Nautilus, although it gave the magazine an additional $1.25 million in 2015, and a little more than $1.2 million last year.
Another business wholly dependent on investor patronage.
We need to examine how we can continue to crowdsource legitimate cultural and creative endeavors. It seems that we're backpedaling to a medieval system, where science and art could only be done when bankrolled by a wealthy patron, whom the scientist/artist would have to accommodate if they expected the patronage to continue. [The dependence on corporate sponsors is really a form of this too, and as paying subscribers have evaporated, these have become ever-more-crucial.]
Stringent copyright regimes have only brought us heavily sanitized, commercialized, vacuous media. I would argue loosening this would benefit most small writers and publishers. At the very least, limiting copyright terms and keeping some culturally relevant icons in the public domain would be a huge boon. For example, imagine if someone besides Disney could benefit commercially from the Star Wars franchise, which was originally released 40 years ago. Isn't that long enough for its creators to have had exclusive control?
Something like a web-based micropayment service that dispensed monies based on time spent reading/enjoying would be useful, but it's hard to get everyone on board. I know there have been a couple of HN'ers who've made a pass at it, but to this point, nothing has stuck.
- acjohnson55 10y agoThere should be a physical graveyard devoted enterprises that have attempted to solve this problem. I agree with you, but I'm not holding my breath.