Disclosure Ledger

The authoritative running list of every commercial relationship the publication has. Entries are dated, named, and characterised. A publication that writes about opacity has an obligation to keep its own disclosures legible to the reader.

What goes on the ledger

Any standing commercial relationship between Black Box Notes and a counterparty whose products, behaviour, or regulatory exposure the publication might cover. Includes sponsorships (currently: none accepted), event partnerships (currently: none accepted), and any other commercial arrangement of editorial relevance. New entries appear here on the date the publication accepts the relationship. Material changes to an existing entry trigger a dated revision below the entry.

0 standing entries.

Current state

The publication currently has no standing commercial relationships of editorial relevance. Categories the publication does not currently have, and would publish on entry: vendor sponsorships, event partnerships, conference-stage placements, paid sponsorships in the newsletter, affiliate revenue, advertising.

What this ledger does not list

Service providers. Hosting, email, font, and search providers that handle the publication's infrastructure are listed in the privacy policy, not here, because their relationship is to the publication's infrastructure rather than to its editorial coverage.
Subscription revenue. The publication does not currently charge for access. If it does in future, the structure will be disclosed here on the date the subscription opens.
Editorial sources. Sources are protected under the publication's standing sourcing rules. The ledger does not name them. The Editorial Guidelines describe the framework.
Individual contributor income. Contributor compensation is discussed in the publication's Editorial Guidelines §13. The ledger does not list per-piece rates.

How a reader can dispute an entry

Send corrections to corrections at blackboxnotes dot com. The publication responds within five business days. Substantive corrections appear on the entry with the date of revision and the original text preserved.

Why publish this

Because the publication's editorial position is that disclosure is a property of how an institution behaves under sustained reader attention, not a paragraph at the bottom of a press release. The ledger is the publication's attempt to behave the way the publication's coverage asks others to behave.

Ledger established: 2026-05-22.