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Australia’s oldest LGBT publication goes into administration

Australia’s oldest LGBT publication goes into administration

Star Observer covers (Photo: Provided)

Australia’s largest and oldest LGBTI publication, the Star Observer, has gone into administration and is looking for a buyer.

The board of directors appointed Trent McMillen from MaC Insolvency as Administrator on 10 May, according to a statement on their website.

‘Cash flow is the lifeblood of any small organization’s chairman Sebastian Rice said.

‘The Star Observer is an LGBTI community-owned not-for-profit that has always relied on advertising revenue to raise money. We do not receive any government funding’ he also said.

“I want to thank our very dedicated staff and volunteers, who have put in a huge effort over the last few years.”

The administrator is exploring options to save the business, the statement says. These include selling the business or proposing a Deed of Company arrangement to avoid liquidation.

Journalists founded the Star Observer in 1979 as the Sydney Star. It, therefore, celebrated its 40th anniversary this year.

Meanwhile, gay dating app Grindr shut down its online magazine, Into, in January

After Into’s 17-month run, US-based Grindr said it would be focussing on video. What’s more, it terminated contracts with all its editorial staff.

Sad news

LGBTI activists and newsmakers took to Twitter to offer commiserations.