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Three days after voting to cease publication and lay off its journalists, the nonprofit publisher of the Texas Observer said on Wednesday that it would change course and keep the
The crusading liberal magazine had planned to lay off its staff after its nonprofit board voted to shut down. But it reversed course on Wednesday.
The crusading liberal magazine had planned to lay off its staff and shut down. But the board has now reversed course.
The Observer still faces significant obstacles to its survival. Board members have acknowledged that they allowed the budget, which reached $2.1 million last year, to grow beyond what was sustainable.
Former and current staff members had fought the decision to shut down the 68-year-old magazine, a bastion of liberal opinion and investigative journalism in a red state.