[Heeplist] The end of Classic Rock Magazine?

[Scott Manion]

Sad news and we can only hope that they are purchased out of receivership
and can carry on.  Classic Rock and Classic Prog are two of my absolute
favorites to read.  I always found the British perspective, particularly to
Classic US rock bands, to be second to none.  The historical detail was
incredibly engaging and the photos were incredible.  

My brother told me about this and my first thought was that the mags would
be going to an online format only.  That was disappointing enough given the
quality of the Classic Rock production...but now to learn that they are in
receivership, I'm even more saddened by the situation.   Hoping they can
come out of this given their exemplary coverage of virtually all areas of
Rock & Roll past and present.  

Good Luck Classic Rock!!!

-----Original Message-----
From: Heeplist [mailto:heeplist-bounces at travellersintime.com] On Behalf Of
Dave Crookham
Sent: Saturday, December 24, 2016 7:34 PM
To: Heepsters Mailing List (Travellers in Time)
<heeplist at travellersintime.com>
Subject: Re: [Heeplist] The end of Classic Rock Magazine?

Here in Pennsylvania, any company of 50 or more employees has to give 60
days notice to the state and employees if they are shutting down, so I guess
it does vary state to state.

Dave

-----Original Message-----
From: DAVID M SHERROD
Sent: Saturday, December 24, 2016 5:37 PM
To: Heepsters Mailing List (Travellers in Time)
Subject: Re: [Heeplist] The end of Classic Rock Magazine?

Not really, companies close down all the time in the states without paying
the employees, normally the top investors and CEOs get their money first and
what's leftover if any then will go to the employees. I remember the company
next to us came in one day to find the locks changed and they never did get
paid, but the owner didn't lose a dime. Though it differs from state to
state but the rich get richer and the poor get poorer, as always the more
you have the less you pay. DaveS

On December 24, 2016, at 12:29 PM, Dave Crookham <crookham at peoplepc.com>
wrote:

How do they get away with not paying the staff for December? That would get
someone in deep legal trouble in the US.

Dave

-----Original Message-----
From: Clive Arnold
Sent: Saturday, December 24, 2016 2:27 PM
To: Heepsters Mailing List (Travellers in Time)
Subject: Re: [Heeplist] The end of Classic Rock Magazine?

They are hoping to sell on the titles

It will be up to the insolvency  accountants to get the best deal for those
owed

Fingers crossed

On 24 Dec 2016 7:19 p.m., "Dave Crookham" <crookham at peoplepc.com> wrote:

> I've been a long time subscriber to Classic Rock Magazine, but see 
> that their parent company Team Rock is apparently folding and laid off 
> almost all the staff.
>
> http://www.nme.com/news/fans-react-metal-hammer-classic-rock
> -magazines-go-bankrupt-1919342
>
> For any of our UK buddies out there, how does this process work? The 
> terminology is all different from what we use for bankruptcy 
> proceedings here in the US :)
>
> Is there any hope someone will buy and continue publishing these mags?
>
> Dave
>
>
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