Sunday, April 11, 2010
The Herald on Sunday reports today that 1AM's Glenn Hunt has had bankruptcy proceedings launched against him by North Shore based printing company MH Publications, following an unpaid debt of $31,238. And they're not the first company left out of pocket for printing 1AM. PMP Maxum Ltd had Wish Publishing, 1AM's initial parent company, placed in liquidation in May last year for further unpaid debts. According to the article, Hunt said that 1AM had struggled to obtain advertising as a result of the recession, and that printers were more hardline on late bills. While it is true that the recession has caused plenty of problems for the publishing industry, I can't help but think that had Glenn Hunt chosen a different path for his magazine than raw, often compromising photos of scantily clad, young-looking girls and boys (the same issue that caused severe complications for his former title Pavement), said problems with finding the advertising dollar may have been alleviated.
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