Shine Comes Off Shiny Media
Things aren’t so shiny at Shiny Media, as the U.K.-based blog publisher went into administration Friday due to growing debts, following the layoff of one-half of its staff in February.
Shiny Media is best-known for blogs Shiny Shiny, Tech Digest and Shoewawa.
paidContent:UK obtained a memo from Shiny Media co-founder Chris Price to free-lancers, which read:
The truth is that trading was extremely difficult and the position of the bank with regards to renewing the overdraft were very unfavourable.
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