Bankrupt Maker Faire Revives, Reduced To Make Community

After being shut down last month with 22 employees losing their jobs, Maker Faire and Maker Media are coming back, but in a weakened capacity. Founder and CEO Dale Dougherty tells TechCrunch that “he’s bought back the brands, domains, and content from creditors and rehired 15 of 22 laid off staffers with his own money.” The report says that he will formally announce the relaunch of the company with the new name “Make Community.” From the report: The company is already working on a new issue of Make Magazine that it will hope to publish quarterly (down from six times per year) and the online archives of its do-it-yourself project guides will remain available. It hopes to keep publishing books. And it will continue to license the Maker Faire name to event organizers who’ve thrown over 200 of the festivals full of science-art and workshops in 40 countries. But Dougherty doesn’t have the funding to commit to producing the company-owned flagship Bay Area and New York Maker Faires any more. For now, Dougherty is financing the revival himself “with the goal that we can get back up to speed as a business, and start generating revenue and a magazine again. This is where the community support needs to come in because I can’t fund it for very long.” The immediate plan is to announce a new membership model next week at Make.co where hobbyists and craft-lovers can pay a monthly or annual fee to become patrons of Make Community. Dougherty was cagey about what they’ll get in return beyond a sense of keeping alive the organization that’s held the maker community together since 2005. He does hope to get the next Make Magazine issue out by the end of summer or early fall, and existing subscribers should get it in the mail.