Billionaire mercenary Erik Prince has tried not once, not twice, but three times to file his defamation lawsuit against The Intercept. His relentless legal pursuit has cost us $200,000 in fees as well as countless hours by our internal legal team.
Lawsuits like these can blow a major hole in our budget. That's why The Intercept's sustaining members — thousands of readers who give $5 or $10 a month to support our journalism — are so important.
However, we're now barely 24 hours away from the end of our April membership campaign, and we're significantly behind the pace we need to meet our goal of 3,000 new sustaining donors by midnight tomorrow, April 30.
Monthly donors are a key part of The Intercept's financial foundation, giving our newsroom a steady base of long-term support that allows us to keep taking on deep-pocketed individuals and corporations without backing down in the face of legal retaliation. That's why this campaign really matters.
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We stand by our reporting on Prince 100 percent, and we're confident we will prevail against his defamation lawsuit.
But the weaponization of libel law is simply a fact of life for journalists today. Corporations from Big Tobacco and billionaires like Peter Thiel have used libel suits to silence unfavorable news coverage.
We'll never back down in the face of this kind of legal bullying. The Intercept has some of the best investigative reporters in the world, and our legal team includes top First Amendment litigators who simply don't fold under pressure.
But there's one other key part of The Intercept's team that makes us so strong: our sustaining members. These donors provide the ongoing basis of support that we know we can count on through thick and thin.
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