Amidst all the doom and gloom, one piece of good news. The Guardian is reporting that Future Publishing is buying Metal Hammer, Classic Rock and Prog magazine from Team Rock’s administrators, securing their immediate future.
Thirty-year-old Metal Hammer magazine and stablemates Classic Rock and Prog have been given a new lease of life after being saved from closure by Future Publishing, owner of titles including Guitarist, Total Film and T3.
The titles, along with the Golden Gods Awards and the Classic Rock Awards, suspended publication and faced closure after owner TeamRock, which fashioned itself as the self-styled “home of rock and metal”, went into administration in December.
No word yet on how many former staff are likely to be rehired, but let’s hope for the best. These are good people who are passionate about music.