Metal Hammer magazine has been bringing the UK and the world the latest metal news since 1983 as long as I have been born. But it might be on its last breath.
The UK’s Daily Record reports that Metal Hammer’s parent company, Team Rock, “has entered administration.” This seems to be the UK’s equivalent of either bankruptcy or liquidation, according to Wikipedia:
The process in the United Kingdom colloquially called under administration is an alternative to liquidation, or may be a precursor to it. A company in administrative receivership is operated by an administrator (as interim chief executive with custodial responsibility for the companys assets and obligations) o…
Read the full article at: http://www.metalinjection.net/its-just-business/metal-hammer-classic-rock-magazine-parent-company-shut-down-future-of-magazines-uncertain