The existence of Telex is crucial for Hungarian press freedom and media pluralism. Nobody had ever launched a news site from scratch with a staff this big before, relying only on readers’ support.
The fact that so many people had taken a stand by this cause in such a short time proves that Hungarians need fact-based, credible information, as there are fewer and fewer places where they can get them. Space for independent outlets on the Hungarian media landscape is getting smaller and smaller, and this affects the citizens’ freedoms as well, it hurts democracy, which is why we decided to draw up an ambitious plan and create a large, independent, free news site.
We report the facts so readers can make up their own minds.
„The donation campaign’s feedback has so far reinforced our belief that our work, our knowledge, our articles, and our videos are needed. Thanks to the donations, Telex will be up and running in a couple of weeks. We will manage our resources responsibly, smartly, and conservatively, so our operation for the first couple of months is already secure thanks to the support from our readers. We will publish regular updates on how we will be using the donations and how we are holding up financially. Our goal is to create a sustainable business model that would secure the existence of Telex for years to come,” said editor-in-chief Veronika Munk, former deputy editor-in-chief of Index.