JPG Magazine says goodbye Update

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Up Date January 7, 2009

From the JPG Blog

Offers

Posted by Devin Poolman on 6 January 2009.

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.

Site members of  JPG magazine were informed by E-Mail this AM that the Magazine and web site would be closing on January 5, 2009 for good.

The management and staff site financial considerations for the closing.

Close to 200,000 photographers have placed their photographs on the JPG web site with the hope of being published. Photographic entries could be uploaded to general themes for the pleasure of the JPEG audience or put into three monthly catagories for possible publication. 

The first incarnation (published in 2004) of JPG Magazine was a quarterly publication devoted to brave new photography and was founded by the husband-and-wife team of Derek Powazek and Heather Powazek Champ. These first six issues were the inspiration for the new JPG Magazine, which published in 2006.

This is a portion of the E-Mail sent from Laura Brunow Miner Editor in Chief of JPG Magazine

Today is a particularly sad day for all of us at JPG and 8020 Media.

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. 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. We sought out buyers, spoke with numerous potential investors, and pitched several last-ditch creative efforts, all without success. As a result, jpgmag.com will shut down on Monday, January 5, 2009.

The one thing we've been the most proud of: your amazing talent. We feel honored and humbled to have been able to share jpgmag.com with such a dynamic, warm, and wonderful community of nearly 200,000 photographers. The images on the website and in the magazine were adored by many, leaving no doubt that this community created work of the highest caliber. The kindness, generosity, and support shared among members made it a community in the truest sense of the word, and one that we have loved being a part of for these past two years.

JPG Magazine see the site

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