Assets of Window Media, Once Largest Gay Newspaper Chain, Sell for $27,200
In Bankruptcy Court in Atlanta Thursday, what remained of Window Media, which once had ambitions to be the first truly national gay newspaper chain, sold for a total of $27,200.
The name and other assets of Window Media’s flagship Southern Voice in Atlanta sold for $9,000 to the publishers of Gaydar, an Atlanta nightlife magazine. The sale includes the assets of David magazine.
Gaydar’s bid topped the $8,000 offered by the last editor of Southern Voice and one of its co-founders. Chris Cash and Laura Douglas-Brown were planning to revive the newspaper in March with the name Georgia Voice.
They had planned to pay for Southern Voice and David in installments over 14 months. At the hearing on Window’s Chapter 7 liquidation, they offered to up their bid to $10,000 on the same installment plan. The trustee in the bankruptcy case recommended the Gaydar bid, with an attorney saying there were doubts about their ability to pay, and that the cost of administering the installment payments would eat up the extra $1,000.
Developments in the bankruptcy were reported Thursday by Matt Hennie, managing editor of Project Q Atlanta, the online news and entertainment site targeting the city’s LGBT (lesbian, gay, bisexual, transgender) audience,
During the 20-minute hearing, Judge Mary Grace Diehl also approved the sale of the assets of the Washington Blade to Brown Naff Pitts Omnimedia, Inc., which includes former Blade Publisher Lynne Brown, former Editor Kevin Naff and a former sales executive, Brian Pitts. They bid $15,000 for the Blade.
The South Florida Blade and 411 magazine were sold for $3,200 to Peter Clark, who publishes Hotspots magazine in Fort Lauderdale