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JPG Magazine shutting down next week

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JPG Magazine shutting down next week

من طرف Shrook الأحد يناير 04, 2009 9:21 am

JPG Magazine shutting down next week

Date: 1/2/2009 10:02:00 PM

JPG Magazine shutting down next week CPS.ORE24.020109204548.photo00.quicklook.default-245x181

JPG Magazine, a print and Web publication featuring pictures contributed by amateur and professional photographers, is shutting down.
JPG Magazine editor-in-chief Laura Brunow Miner, in a post on the magazine's blog on Thursday, said that jpgmag.com would close next week and publication of the print version of the magazine would be halted.
"We've spent the last few months trying to make the business behind JPG sustain itself, and we've reached the end of the line," Miner wrote.
"We all deeply believe in everything JPG represents, but just weren't able to raise the money needed to keep JPG alive in these extraordinary economic times," she said. "As a result, jpgmag.com will shut down on Monday."
Nearly 200,000 photographers have contributed material to JPG since it was taken over more than two years ago by 8020 Publishing, now known as 8020 Media.
Contributors submitted photos on various themes and members of the community of JPG users voted on the best to be displayed in the print magazine, published six times a year with a circulation of 50,000 according to The New York Times.
According to the Times, 8020 Media, which describes itself on its website as a "revolutionary new hybrid media company, bringing the best of magazines and the web together," is shutting down.
The Times quoted 8020 chief executive Mitchell Fox as saying in a letter that the company had fallen victim to the economic crisis and the slump in advertising which is also hammering traditional US media outlets.
"In the face of these extraordinary economic times, in a devastated advertising climate, we can no longer continue to operate the business due to lack of funds, and hence we have to close 8020 Media effective immediately," the Times quoted Fox as saying.
An 8020 Media travel magazine called Everywhere closed in August.
8020 Media, backed by Halsey Minor, who also founded the Internet news agency CNet, is one of a number of media start-ups experimenting on the Web with user-generated content.
On its website, 8020 Media says it "empowers its communities to participate in all aspects of the magazine's content creation, thereby dramatically increasing reach, lowering costs, and engaging a knowledgeable, global community.
"What was once 'the audience' has been invited to participate in and lend its expertise to the editorial process by contributing content and critique online," it says.