Steve Buck
Los Angeles, CA (USA)
Role(s):
Founder/Owner/Principal
Santa Fe Publishing Group
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Startup
Location:
Los Angeles
Industry:
Media
Year Founded:
2008
Number Employees:
10-50 people
Description:
We are a monthly magazine called THE magazine(large format) focused on the arts. We have a publication in Los Angeles and one in the Dallas/Fort Worth market. We have been earning revenue for five months with sales for the December 2008 month at approximately $50k. We have increased sales approximateley $10k per month since the Ocotber economic downturn. We expect to be breakeven on our current run rate in March 2009. Our monthly expenses for the company total $75k. We are seeking $50K-$60k in funding to carry us to breakeven.