JPG Magazine May Survive, After All

by Terri Potratz | January 6, 2009 at 07:17 pm
104 views | 10 Recommendations | 5 comments

A few days ago, it was reported that popular photography magazine and website JPG would be shutting down on January 5, 2009 due to financial considerations.

Photos

It now appears that JPG has been approached by a number of companies interested in acquiring the magazine with the hopes to save it.  The following note appeared on their blog today:

Some of you may have heard by now, but if not, the good news is that we have already received a couple of credible offers from companies interested in acquiring JPG. So that we can find the best acquirer for JPG, we put a Wednesday deadline on all offers, and we expect to receive more by then. We are soliciting all the credible offers we can get, and any negotiations from that point forward will be handled by Minor Ventures. This is an important part of the process, since any deal will need to be approved by our board. All we, along with the rest of the team, are hoping for is that we can find the best new home for the JPG community.

An announcement regarding new ownership of the magazine should be released by the end of the week, pending a decision by the JPG board and pending negotiations.

Good news!

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Shutter-Think

Viva la JPG!

Shutter-Think has contributed a photo to this story.

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lowercased

SWEET!!! *crosses fingers* 

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Paschen

That is good news. Hope it will work out.

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Karenke4

Oh, this would be great news!

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yoshiko314

Unfortunately my photo wasn't appeared on the JPG magazine, but I really enjoyed it and I love the magazine even if mine is on it or not because there're filled with beautiful photos.
Now I hope to be able to hear the good news about the future of JPG magazine!

yoshiko

yoshiko314 has contributed a photo to this story.

This story was created over 3 months ago, the comment thread is now closed.

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Paschen
First Flagged at 9:04 AM, Jan 7, 2009 by Paschen
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