The company behind Maker Faire and Make magazine has abruptly shut down
Maker Media, the company that publishes Make Magazine and Maker Faire is laying off its staff and halting its operations amidst financial troubles, according to TechCrunch.
Maker Media CEO and founder Dale Dougherty confirmed to TechCrunch that the company was ceasing operations and that it had laid off 22 employees, citing financial difficulties with publishing a magazine and the lack of corporate sponsorship. “I started this 15 years ago and it’s always been a struggle as a business to make this work,” he told TechCrunch. “Print publishing is not a great business for anybody, but it works…barely. Events are hard . . . there was a drop off in corporate sponsorship.”
Launched in 2005, Maker became a major publication covering the “Maker...