Recession takes toll on gay magazineWashington Blade staff reports Mar 20, 3:55 PM
Genre magazine will temporarily suspend publication, due to the ongoing recession, company officials announced today.
"We thank all of our readers, advertisers and editorial staff for their support throughout our more than 16-year history and hope that we can re-establish our relationship when times are better," company CEO David Unger said in a statement.
He noted that the decision to suspend Genre does not have any impact on other publications produced by HX Media, Window Media or Unite Media (which merged with Window Media in 2004), which include the Washington Blade, Southern Voice, South Florida Blade, New York Blade and HX magazine.
"Those publications will continue to publish and support their local communities," Unger said.
Genre’s suspension didn’t come as a surprise to Gay City News, which revealed that Avalon Equity was forced into receivership by the Small Business Administration early February. Queerty.com, followed up reporting on the troubled gay media enterprise March 14, as well as Towleroad March 21.
Could Window Media be the next queer publishing entity to be taken down by mismanagement and the economic crisis?
Courtesy of the Washington Blade: http://washblade.com/thelatest/thelatest.cfm?blog_id=24600
Genre magazine will temporarily suspend publication, due to the ongoing recession, company officials announced today.
"We thank all of our readers, advertisers and editorial staff for their support throughout our more than 16-year history and hope that we can re-establish our relationship when times are better," company CEO David Unger said in a statement.
He noted that the decision to suspend Genre does not have any impact on other publications produced by HX Media, Window Media or Unite Media (which merged with Window Media in 2004), which include the Washington Blade, Southern Voice, South Florida Blade, New York Blade and HX magazine.
"Those publications will continue to publish and support their local communities," Unger said.
Genre’s suspension didn’t come as a surprise to Gay City News, which revealed that Avalon Equity was forced into receivership by the Small Business Administration early February. Queerty.com, followed up reporting on the troubled gay media enterprise March 14, as well as Towleroad March 21.
Could Window Media be the next queer publishing entity to be taken down by mismanagement and the economic crisis?
Courtesy of the Washington Blade: http://washblade.com/thelatest/thelatest.cfm?blog_id=24600
Posts
No comments:
Post a Comment