Tag: #Closing

Well, this was rather sudden and unexpected. Gay Star News, one of the leading LGBTQ media sites based out of the U.K., just announced it’s shutting down. The site will no longer be updated but will remain online in archive form for “as long as possible.” “We are devastated to have to confirm the reports that Gay Star News has to close, effective immediately,” the site’s co-founder, Tris Reid-Smith, writes in a letter to readers. The site, which has been in operation...

Images via Gay Star News Ltd. and Wes Hicks on Unsplash A popular and celebrated LGBTQ new site is sadly going away. The BBC’s LGBTQ correspondent Ben Hunte broke the news that Gay Star News will cease trading tomorrow due to entering insolvency. Ceasing trading and being insolvent means the company cannot meet its debts as they fall due; or the value of the company’s assets is less than the total debt that it owes; or a merging of the prior...