Out magazine’s new editor-in-chief, Phillip Picardi, is growing frustrated with a protracted pay battle between owner Pride Media and a company hired to produce content for the LBGT magazine prior to Picardi’s arrival.
Editorial outsourcing firm McCarthy Media claims that it is owed $270,000 by Pride Media and has not been paid since August 2018.
Pride, however, claims it stopped making payments only after it learned the firm was not paying its contributors.
Caught in the middle are unpaid free-lance writers, photographers and designers, who are apparently owed six figures.
Picardi wants the freelancers paid one way or another.
“On Thursday, the Out newsroom sent a letter to corporate leadership at Pride Media to demand action, transparency, and a timeline to address the dispute with [McCarthy] and pending invoices. We stand in solidarity with the unpaid free-lancers,” Picardi tweeted.
”I entered this position unaware of the full extent of this situation but remain optimistic about and committed to its resolution,” Picardi tweeted. “My team and I stand together in rebuilding this brand on a foundation we can all be proud of.”
Pride, which was bought by private equity firm Overa Capital in 2018, insisted that it gave money to the outsourcing firm and has no idea where it went.
“Pride Media is continuing to try to understand the full magnitude of unpaid invoices (from contractors) that were incurred during the time third party McCarthy (formerly Grand Editorial) was producing all of the content for the print publication,” said a spokesman. “Because Pride Media has no access to McCarthy’s ledger of Accounts Payable or independent contractor agreements, despite having asked for these documents repeatedly from them with no success, the company still has a lot of work to do.”
“Pride / Out owes us a lot of money,” McCarthy Media founder Evanly Schindler told Media Ink when the dispute first surfaced last fall.
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