Gal-Dem, the UK-based digital and print magazine for women and non-binary people of color, is set to close after eight years in circulation.
The editorial team behind Gal-Dem shared the news Friday afternoon with a public statement that said it was “unfortunately no longer feasible” for the publication to continue running as a business.
Financial and structural difficulties exacerbated by the current global cost of living crisis were cited as the leading factors behind the decision. “Keeping a small, independent media company that is reliant on partnerships afloat over the last three years has been increasingly challenging,” the statement read. “Through a global pandemic, brand budget reductions, and economic downturn, we have worked tirelessly to reconfigure how we operate and keep Gal-Dem going through it all.
And while we’re passionate about our membership model, it’s been difficult to sustain the level of growth needed here to support our work in the long term.” The statement continued: “There have been so many wonderful, impactful moments that we can’t even begin to express our gratitude for.
Read more on deadline.com
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