JPG Magazine, the innovative photography magazine that was composed of user-submitted photographs and shut down last month, has been revived. The magazine’s assets have been acquired by a group of investors who will also continue to employ some of the magazine’s staff, we’ve confirmed with a source with knowledge of the deal.
JPG launched in late 2006 with the novel idea of cutting back on publishing costs by accepting user-submitted photos and relying partially on the community to edit the magazine. But despite reaching near-profitability, the periodical announced that it was shutting down on January 2nd when its parent company 8020 Media ran out of money. Within a few days it became clear that JPG might still have life, as a number of potential buyers including Smugmug entered talks, but until now the future of the magazine was in limbo.
Great news. This mag is a brave move to bring print and web together. It’s good to hear that the idea has a chance to develop and folks with good ideas continue to have jobs.
Curious to find out if they going to adapt / change anything with their original concept or just continue the path they’ve been going so far.
Great to read! They sponsored one of our art competitions in the past. They were great to work with. Curious to know how many of the core staff members remain?
That’s right, it’s great to hear companies are coming back. it seems like the deadpool is bringing dead companies back to life. I love jpgmagazine’s concept and I believe it’s just about timing that it will be a hit especially to photo enthusiasts.
TechFilipino
There is a bottom. When the price is low enough, people will buy.
In Santa Clara, January housing sales have started to boom, 100% increase over last night. Prices have dropped low enough to invite buyers.
There is a lot of cash in business and personal pockets. The missing ingredient is confidence to buy.
Go Obama.
Sorry, there are stringent demands on this acquistion! Terms must be met or the entire thing will fall apart!
Well – we knew it was coming. Great mag.
small typo “will also continue to employee some”
Glad to hear that JPG lives on.
Best news I’ve heard all day – thanks for covering.
Yeah! Love that rag. One of the only magazine’s I really looked forward to receiving. Happy happy….
Wow that is great news, I will go renew my account now.
YAY ! Go JPG ! We formed a couple of groups, one on Flickr, the other on Facebook in support of JPG ! So glad to hear the good news !
Kit
Yah!
You guys have been doing a good job. Readers don’t seem to miss Arrington, and your traffic seems to be steady.
I found this on the internet just now.
http://www.teno...rt/sl/0611.html
“Once qualified, the member was issued a password which enabled access to a website page containing a notice of a private offering.”
I wish somebody would use this legal functionality to create a VC version of propser or in other words peer to peer VC.
I wish TC would explore this in an in depth article.
I cannot support companies like jpgmag.com that require perpetual rights to your images. Their TOS says…
By uploading (or otherwise submitting) Submission(s) to the Services, you:
* grant to 8020 a non-exclusive, royalty-free, perpetual, limited license to use, publish, reproduce, display, distribute, use for Promotional Purposes (defined below), and sublicense for Cross-Promotional Purposes (defined below) such Submission(s), either through print, online, or other media (collectively, “Publicize”);
David, are you mildly retarded or something?
Isn’t that the entire purpose of JPG? You submit an image, they accept it and print it… without that in their TOS how would they operate?
Marcus, insult is a poor form of discussion.
Magazines can be granted a right to publish an image without granting a perpetual license to use that image for other purposes, or to sublicense it.
Facebook recently faced a huge backlash when they attempted to appropriate perpetual rights to the content of their users. They have since backed off.
This is one of the best mag I’ve ever read. Period.
Move that stuff online. The vast majority of print is dead.
which source said that flickr was in talks to acquire?
flickr’s community manager and founder of JPG magazine publicly and categorically denied flickr was in talks, yet techcrunch continues to report it.
Good for them… they got revived.
Around 10am PST on 27-Feb-2009, pages started not appearing on http://www.jpgmag.com. By 10:45am, they were displaying this…
JPG is debating if it should start smoking again.
Right now, it’s down at the corner store, looking at all the brands of cigarettes.
The site has not closed permanently, nor contracted terminal lung cancer. We’ll be back soon, we promise. Thanks for your patience.
—- end —-
Funny!
that sounds like the way it aughta be… now lets get some new themes going! Chop-chop, we’re jonesing out here.