• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

After 40 investors rejected Jeff Bezos’ Amazon pitch, his parents offered $245,573 of their retirement savings

2

D.C.'s affordability headache has a silver bullet, new study shows: Tackling $40 trillion national debt would boost household income by $36,000

3

China now makes up a record 40% of all global container exports—and it’s a sign Trump’s tariffs meant to punish Chinese firms have fallen flat

1

After 40 investors rejected Jeff Bezos’ Amazon pitch, his parents offered $245,573 of their retirement savings

2

D.C.'s affordability headache has a silver bullet, new study shows: Tackling $40 trillion national debt would boost household income by $36,000

3

China now makes up a record 40% of all global container exports—and it’s a sign Trump’s tariffs meant to punish Chinese firms have fallen flat
Leadershipfact-checking

Fact-Checking Site Snopes Raises More Than $500,000 in a Day to Avoid Shutdown

By
Madeline Farber
Madeline Farber
Down Arrow Button Icon
By
Madeline Farber
Madeline Farber
Down Arrow Button Icon
July 25, 2017, 4:46 PM ET
Google source logo
Add Fortune on Google for similar content.

Snopes.com, a fact-checking website, has raised more than $500,000 after starting a crowdfunding page on Monday to prevent closure.

The fundraiser came after the website found itself in a legal battle with Proper Media, the vendor that has provided the site’s advertising since 2015. Although the contract between Snopes and Proper Media ended earlier this year, Snopes alleges that the vendor is holding the Snopes.com website “hostage.” While the company still has editorial control, the vendor “will not relinquish the site’s hosting to our control, so we cannot modify the site, develop it, or — most crucially — place advertising on it,” Snopes wrote in a blog post on its site. “The vendor continues to insert their own ads and has been withholding the advertising revenue from us.”

Advertising revenue is Snopes’ only source of income, the New York Times reports —meaning Bardav, the company that owns and operates Snopes, has no way to pay its staff or cover its legal fees. But in an attempt to save itself, the company set up a GoFundMe page on Monday, requesting that readers donate $10 to help the site. In just one day, Snopes raised $500,000 — an amount that will enable to the company to operate indefinitely, according to the Times.

“Our legal team is fighting hard for us, but, having been cut off from all revenue, we are facing the prospect of having no financial means to continue operating the site and paying our staff (not to mention covering our legal fees) in the meanwhile,” the website continued in its blog post.

Karl Kronenberger, a lawyer for Proper Media, told the Times that David Mikkelson, the founder of Snopes, didn’t properly cancel the contract. Both companies have sued each other in California Court, according to CBS News.

About the Author
By Madeline Farber
See full bioRight Arrow Button Icon

Latest in Leadership


Most Popular

Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • TikTok icon
  • YouTube icon

    Latest in Leadership


    Most Popular

    © 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
    FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.