Alpinist's Assets For Sale
Submitted By: John McNamee on Nov 20, 2008
The Assets of Alpinist, The Most Distinguished Climbing Magazine With The Most Fanatical Readers, Are For Sale! If you are interested in acquiring any or all of the assets of this super-premium brand, please send your contact information to info@alpinist.com. - Multiple Maggie award winner - 14,000-paid circulation with over 8,500 subscribers - 300,000 page views per month on website - Distinguished advertising list - Active wealthy male readers with average income over $91,000 Alpinist is being sold free and clear of liens and creditor claims. On October 22, 2008, Alpinist LLC made an assignment of all of its assets for the benefit of creditors under Illinois law to the Trustee/Assignee Robert Handler of Commercial Recovery Associates. An Assignment for the Benefit of the Creditors is analogous to a Chapter 7 bankruptcy. The Trustee/Assignee is obligated to sell Alpinist's assets in order to raise the highest amount possible for Alpinist's creditors. Commercial Recovery will entertain all reasonable offers including bulk and lot sales of assets, which assets include the company's magazine, subscriber lists, website, film festival and trademarks. See Alpinist for full details and some interesting comments...
| Comments on Alpinist's Assets For Sale |
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By sfoges From: Grand Junction, Colorado Nov 22, 2008
| It was a great magazine. Unfortunately I stopped subcribing and haven't picked up an issue in over two years. When they sent the printing of the mag to China, who has some of the worst human rights and piss poor treatment of its workers. What happened to the whole theme of being an Alpinist? Freedom. While I doubt this is the cause of the demise, I can only hope it helped in a little way. To bad a good mag is gone, glad it happened to the people who controlled it. |
By Andy Laakmann Site Landlord From: Bend, OR Nov 22, 2008
| re: China.... Would people have paid 2x the price to have Alpinist printed somewhere other than China? Probably not... So what should a "responsible" business do in this case? Be "responsible", print in the U.S. and die? Or satisfy the price sensitivity of their customer and print in China? It's easy to attack a business for not following the most "responsible" practices... but what if your customers don't follow you down the noble road- what choice should a business make? Why is everything made in China? Because of the U.S. consumers insatiable demand for goods and services at the lowest price possible. Collectively, we all vote for China everyday with our purchases in the stores. Don't forget about Black Diamond too! I suppose you don't climb on their cams either :) I'm not saying I agree with the "China choice", but I am saying I believe these types of decisions are, unfortunately, lose/lose for a business. |
By sfoges From: Grand Junction, Colorado Nov 22, 2008
| Nope, no BD gear anymore either. They saved 15% by moving the printing from Canada to China. My printing company offered to price it here for them, we would have priced matched the China pricing. Never a response from the editor/publisher at the time. Yes, I would have paid the 15% percent increase to know that they printed in a free nation. Where do you draw the line against these companies? Anywhere you can is my answer. Did it help the mag servive in the long run? Nope. I look at manufacturing tags, I try hard not to purchase a product outsourced to China and similar countries. Unfortunately it's not that easy. People cry out that we are a global community, one village, then everyone act like one resposible community. Paying workers 0.80 an hour, working them 6 days for 12 hours a day. Living in dorms and only allowed to go home to your family for one day a week. Miss a day because you are and sick and you are replaced. Would you keep buying the Alpinist knowing it was manufactured in this type of a facility? That's why I didn't. One of the easier choices. |
By Jonas Salk Nov 24, 2008
| Does this mean I'll be reimbursed for my subscription monies? Or someone buys it and starts up the mag again? |
By sfoges From: Grand Junction, Colorado Nov 24, 2008
| Neither really, it wouldn't have made me any money. It saved me money by canceling my subscribtion. It was an offer to help keep it produced in a free country. |
By Buff Johnson Nov 25, 2008
| I did get a couple of notices to renew in the past few weeks. Since it has been determined by our own forum consensus debates that all climbers owe money to red hat anyway for the privilege of receiving the magazine, I was thinking of processing another year, because a billion dollars just isn't enough. |
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