Paste Editor Optimistic About Bailout Response

    Paste editor Josh Jackson is optimistic about the response he’s received to the magazine’s request to artists and readers for a “bailout.” He said that over ninety artists, including Neko Case, the Indigo Girls, and the Decemberists have donated songs and other material encourage reader donations, and that if reader response continues at its current level, Paste might be seeing the light at the end of the tunnel. Though these predictions make it sound as if the immediate storm has passed, less encouraging is the fact that the magazine’s fifteen staffers have taken a twenty percent pay cut. In addition, Paste will switch from publishing eleven full-size issues to six full and six “mini” editions. Hopefully these measures will keep Paste from joining the scrap heap of publications felled by the economic downturn and music industry upheaval. Though Highlander taught us that “there can be only one,” a world where everything is Rolling Stone or Spin is a frightening future. [Reuters]