Overseas Hong Kong media outlet The Points (稜角媒體) posted on social platforms earlier this month that it has 55 days (to the end of September) to achieve financial stability or it will otherwise be forced to cease publication. The outlet appealed to readers to become Patreon members and offer support.
According to a work report (工作報告) issued for the first half of this year, the outlet’s income comes chiefly from reader donations, with current accumulated losses of HK$140,000, or just under 18,000 dollars. The outlet has set a fundraising target of HK$250,000, and hopes to gain 650 paid Patreon members. Patreon membership options include monthly plans of HK$5, HK$20, and HK$50 (.6, 2.5 and 6 USD).
The Points was founded in January 2023 by a group of journalists, including Jane Poon (潘麗貞), who served as editor-in-chief until the following year, when the position was taken on by Carmen Wu (胡凱文), a former anchor and reporter for i-CABLE News and the Cantonese desk of Radio Free Asia (RFA).
