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The Surprising Cost of Our Epic Court Battle
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STRANGE NEWS::

The Surprising Cost of Our Epic Court Battle

Dear Readers,

Did you understand that Snopes is 100% economically independent — and why that matters?

Monetary self-reliance goes to the heart of why you can rely on Snopes to report the truths relatively and properly. Unlike other media business, we’re not beholden to angel financiers, investor, or other significant funders with their own unique programs.

Snopes has actually invested 27 years examining urban myths, scams, and folklore. No taking sides, no spin — simply the truths. Our little operation has actually ended up being the web’s best-known website for exposing reports, combating false information, and hunting down the genuine story.

Not remarkably, we have actually had chances to grow much faster, accept significant financiers, or perhaps go public. However that would have implied giving up some control of Snopes – and we weren’t happy to do that. In line with our worths, Snopes has actually constructed an independent design for moneying our operation by raising funds for our fact-checking resolve advertisements, subscriptions, direct contributions, and product sales. We don’t accept political marketing, and we reveal contributions of more than $10,000.

That’s why it’s so unpleasant for us to see a substantial portion of our modest budget plan going to pay legal expenses. Last month, we launched the supreme guide on the epic court battle for the future of Snopes. Today, we share a summary of our financials that starkly shows the effect of that suit on our capability to remain independent.

Just how much cash are we speaking about? As we expose in our yearly monetary disclosures, in 2015 20% of our earnings approached legal expenses — that ways we needed to invest practically one out of every 5 dollars in 2020 on the battle to keep our self-reliance.

Appears like a lot? It sure is – in truth, it’s more than the revenue margins of most media business. And it has a direct effect on Snopes’ capability to broaden our fact-checking work, handle important tasks to improve our business, and compensate the members of our little group.

In our last message, we took a deep dive into this court drama. Like lots of suits, this one has to do with cash and control. Essentially, the owners of a business that when offered services to Snopes have actually attempted to bully us into working with them. They have actually utilized the courts as a weapon with a series of rapid-fire suits that required us to maintain lawyers. This stressful conflict started back in 2017 when Snopes legally canceled a really expensive web advancement and marketing management agreement with that business.

In suit after suit, we have actually persevered to protect our position and do what’s right for Snopes. The court judgments up until now have actually remained in Snopes’ favor — however the wheels of justice turn gradually and it will take some time to completely fix this case.

Snopes is exposing the effect of these legal expenses as part of our yearly monetary disclosures. This is where we willingly share where the cash originates from and how we invest it. It’s part of the openness that has actually made us your trust for many years.

The suits have actually cost us very much, however we understand we need to combat which we will eventually dominate.


Snopes Requirements Your Assistance

Will you assist us persevere versus these litigants?

We desire what is finest for Snopes, which consists of remaining independent. Thanks to your assistance, we stay strong and we have actually sustained – and even grown — our truth examining operations throughout this suit experience.

Here’s how you can assist:


Thank you for assisting us stay independent.

Honestly yours,
Group Snopes

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Hmm. yes i understand the
question, you know it's been at least
15 years since I've been following the news, no 10 my folks do that, hmm. what was the question again !?
Excuse me, do you remember
where you read about this ?
Are you kidding !?
of course I can, it was here
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