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2600 Distributor Withholds Money, Magazine's Future In Limbo 59

Posted by timothy
from the wish-I-could-make-this-year's-hope dept.
First time accepted submitter themusicgod1 (241799) writes According to 2600, their distributor (Previously known as "Source Interlink", now recently renamed to "TEN: The Enthusiast Network") has decided to consolidate its resources and is keeping the money retailers paid for the last two issues of the quarterly magazine. 2600, in the meanwhile, is still busy trying to organize the upcoming HOPE X conference. However, according to the link: "In the worst case scenario, being ripped off at this level would make it almost impossible for us to continue publishing. We would have to make a lot of painful choices and cut back on things for no reason other than some outside company's mismanagement. Our readers have supported both our print and digital publications and we've been doing quite well overall." Note: As it says at the linked explanation, 2600 is not a charity, and they're not seeking donations -- but they would like you to buy the magazine (in print or Kindle form), and to attend the upcoming HOPE X conference. (I wish I could make this year's HOPE but can't; as conferences go, HOPE is a wildly good bargain.)
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2600 Distributor Withholds Money, Magazine's Future In Limbo

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  • by Charliemopps (1157495) on Saturday June 28, 2014 @10:42AM (#47340387)

    Well, then perhaps the advertisers in their magazines should be aware that they are stealing from or attempting to steal from 2600 magazine. Sure it is a hacker magazine, but if they will steal from hackers, they will surely rip off the automotive enthusiasts.

    2600 should file claims immediately both civil and criminal. Keeping about $100,000 is enough to get big agencies interested and it is certainly not legal to spin off the "bad" parts to a "bankrupt" entity merely to avoid paying the bills.

    Should be fun to watch.

    You're assuming bankruptcy law has anything to do with common sense. Back in the 90s I went and got a pager and paid for 1yr of service up front. The company literally went out of business the next day. I got to use the pager for about a week before it just died and there was no service, and no-where to call. I got ripped off.

    2 or 3 years later I got a notice from a collections company. Another company had bought my pager providers "Assets" and claimed that I had never canceled my service, it auto renewed every year, and I owned them for 3 years of service. I'm the type that will spend $1000 to force you to give me the $100 you owe me, it's the principle in my mind. I immediately requested my money back for the entire service. I'll skip all of the details but after a year and a half I'd wasted a lot of money and the ruling was that this company had bought the "Assets" of the previous one, so they had no obligations to pay me back, but I didn't own on the auto-renewed service because there was no way for me to cancel since the company was out of buisness.

    Even if 2600 had standing, and I have no idea, by the time they get this resolved they'll be bankrupt.

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