Washington Blade Owner Window Media Bled $195,000 a Month (And Had $2,100 Left In Its Checking Account)


Between Avalon Equity’s Window Media and Unite, the bankrupt and defunct gay media publisher was “faced a monthly operating loss of $195,839,” and “just” $11 million in debt (not $15M!) against $585,000 in total assets, which includes $2,100 in a checking account. Maybe that new — the second answer to the now-dead Southern Voice — will fare better? [Project Q]