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"Maker Media Inc ceased operations this week and let go of all of its employees — about 22 employees" founder and CEO Dale Dougherty told TechCrunch. "I started this 15 years ago and it's always been a struggle as a business to make this work. Print publishing is not a great business for anybody, but it works...barely. Events are hard . . . there was a drop off in corporate sponsorship." Microsoft and Autodesk failed to sponsor this year's flagship Bay Area Maker Faire.
But Dougherty is still desperately trying to resuscitate the company in some capacity, if only to keep MAKE:'s online archive running and continue allowing third-party organizers to license the Maker Faire name to throw affiliated events. Rather than bankruptcy, Maker Media is working through an alternative Assignment for Benefit of Creditors process.
"We're trying to keep the servers running" Dougherty tells me. "I hope to be able to get control of the assets of the company and restart it. We're not necessarily going to do everything we did in the past but I'm committed to keeping the print magazine going and the Maker Faire licensing program." The fate of those hopes will depend on negotiations with banks and financiers over the next few weeks. For now the sites remain online.
LINK:
https://techcrunch.com/2019/06/07/make-magazine-maker-media-layoffs/
(Score: 4, Insightful) by EJ on Monday June 10 2019, @02:19AM (1 child)
This website is for wasting time. I don't expect anything posted in the last week to survive into the next year. I don't even expect it to be relevant either.
If not for other sites creating the stories, this site would have no content. I don't come here to find out how to do something or find out something to do.
This site (as most everything else on the internet) is for disposable entertainment. That's not why I buy magazines. I only purchase print media that I intend to keep for future reference.
(Score: 2) by MostCynical on Monday June 10 2019, @10:57AM
Keep? In non-electronic form? You 20th Century dinosaur!
Reference material?
Curated content?
Next you'll be telling us how great libraries are!
Print mgazines are about the crossover of facts, opinions and options.
You can get stats on different pcbs, or cars, or planes or whatever from the web.
You an get 5,000 opinions on what is the best size, stud pattern, or model.
What you can't get (ever?), is descriptions of *why* someone made a particular choice, or their motivations and inspirations, together with the details about what they did, how they did it..
This is where enthusiast magazines exist. Alas, not every enthusiast of every topic haas the money or time to buy every magazine, and some topics have more expenses.
knitting, [buysubscriptions.com] anyone?
"I guess once you start doubting, there's no end to it." -Batou, Ghost in the Shell: Stand Alone Complex