The Tyee
The Nieman Lab called it one of the "kookiest" revenue strategies it had ever seen, incorporating advertising, donations and equity sales in its funding model, and even renting out space in its newsrooms.[5] In 2001, David Beers was fired from the features editor position at The Vancouver Sun as part of a slate of layoffs across Canwest Global's properties.[9] According to founder David Beers, the name embodies the magazine's dedication to publishing "lively, informative news and views", and because staff "roam free, and go where we wish.[17] On February 28, 2022, Jeanette Ageson and David Beers announced the media outlet had transitioned to a non-profit model at the start of the year, a process that had been in the works since 2018.[26] In 2010, according to Beers, The Tyee's annual revenue of about $500,000 to $600,000 included $450,000 from ongoing sale of equity, $75,000 from advertising, $50,000 from grants, $25,000 from reader donations, and several thousand from renting out newsroom desks.[28] The Tyee has been commended for its creative and unique fundraising efforts, from offering merchandise and signed books to giving donors editorial sway.The majority shareholder was Working Enterprises, a family of companies affiliated with the British Columbia Federation of Labor that also includes insurance, travel and financial services firms that cater to Canadian union members.[11] Regarding the non-profit transition, Eric Peterson wrote in a March 1, 2022, op-ed on the site: "It is ultimately contradictory for an entity that purports to champion independent journalism to be privately owned, even if its owners are merely caretakers".