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August 29, 2024

Bristol Cable unlocks £40,000 grant after meeting membership funding target

The independent outlet currently makes £115,000 annually from members.

By Bron Maher

A three-part composite showing different ads for The Bristol Cables 'Beyond the Bulls#!t' fundraising campaign. The signs include a breakdown of how the company hopes to achieve its goal (it could hit £30,000 either with 30 new 'Patron' tier members, it says, or with 250 new members paying £5 a month plus 25% of the current membership going up to £5 a month); another is a list titled "Who have we chosen as our financial backer?" which runs through struckthrough names: "Rupert Murdoch, Convicted phone hackers, A bank chairman, The 4th Viscount Rothermere, and The two companies who own 70% of all newspapers" before arriving at the answer "You"; and a third simply says "give Murdoch the finger, give the Cable a fiver".
Three ads for The Bristol Cable's 'Beyond the Bulls#!t' fundraising campaign. Pictures: The Bristol Cable

Update 2, 29 August 2024: The Bristol Cable has met its target of increasing its annual membership income by £60,000 days ahead of its deadline.

This means the non-profit co-operative organisation has unlocked a £40,000 grant, which was offered if it managed to meet its goal of boosting its membership revenue by 50% by 31 August.

The Cable’s strategy lead Eliz Mizon announced in a video on 27 August: “We did it folks. Thanks to you, the people of Bristol, we not only hit 100% but we actually went over our target and hit 105%.

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