For all those who were not aware. JPG magazine or (8020 Media) had sent out a blast email at the end of the year stating that the Magazine and Online site no-longer had the capital to continue doing business.
They explained how they had exhausted all possibilities of finding backers. So on January 5th, 2009 they were officially done.
However today I received an email stating that with the help and support of the readers and on-line friends they may have struck and deal for continued life of the magazine and website.
I enclose the actual letter for your review.
REF:
A Future for JPG
1 message
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8020 MediaMon, Jan 12, 2009 at 12:40 AM
To: Kirk Howard
We couldn't ask for a better community. In the week or so since our last email, the outpour of support has exceeded our wildest expectations. Your efforts, such as starting savejpg.com, writing blog posts, commenting on Twitter and Flickr, and generally making your voices heard, have provided exciting new opportunities for us.
We're thrilled to say that because of you, we have multiple credible buyers interested in giving JPG a home. We will be keeping the site up after all, and hope to have a final update in the next week or so on who the acquirer will be. Thank you for making all of this possible.
Laura Brunow Miner
Editor in Chief
They explained how they had exhausted all possibilities of finding backers. So on January 5th, 2009 they were officially done.
However today I received an email stating that with the help and support of the readers and on-line friends they may have struck and deal for continued life of the magazine and website.
I enclose the actual letter for your review.
REF:
A Future for JPG
1 message
________________________________________
8020 Media
To: Kirk Howard
We couldn't ask for a better community. In the week or so since our last email, the outpour of support has exceeded our wildest expectations. Your efforts, such as starting savejpg.com, writing blog posts, commenting on Twitter and Flickr, and generally making your voices heard, have provided exciting new opportunities for us.
We're thrilled to say that because of you, we have multiple credible buyers interested in giving JPG a home. We will be keeping the site up after all, and hope to have a final update in the next week or so on who the acquirer will be. Thank you for making all of this possible.
Laura Brunow Miner
Editor in Chief
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