This has got to be a joke! But apparently, it is far from that because evidence shows that the current owners of two prominent LGBT publications are stark donors of quite a few anti-LGBT conservative lawmakers.
The news was released to the public after WWD.com, an online publication, investigated Pride Media after talks were swirling about the company’s supposed financial woes and new anti-LGBT owners.
Behind Pride Media are the stepbrothers Adam Levin and Maxx Abramowitz, the founders and operators of Oreva Capital, which last September acquired Out and The Advocate, along with related brands and intellectual property. They are also, respectively, the chief executive officer and lead investor of High Times magazine parent High Times Holdings. That company was formed last year when they bought the magazine, but it is experiencing significant hurdles with its own mini-IPO filing and facing many millions in losses as it tries to raise money from the public.
Let forget about the alleged financial troubles because that’s not what we’re here for — where here to learn more about the anti-LGBT owners of two LGBT publications, recognized ones at that.
How would that be so? In what world would those who dislike our community want to own a voice in it. Well, it looks as though it’s all about the money according to WWD.com.
A source familiar with the company told WWD that the public filing of High Times was supposed to be a model for Pride Media, which Levin is said to have acquired opportunistically, seeing a largely untapped market in LGTBQ media. However, a new owner that not only is perceived as relatively disinterested in the community it serves, but has given money to politicians who worked against that community, didn’t sit well with a lot of now former staffers, who had a sense of mission in their work, sources said.
The article goes on to mention Levin’s political affiliations listing some of the Republican politicians he has donated to who have harsh anti-LGBT views, which is why people are speaking out of about the owners’ connection to these politicians.
Levin has donated to a number of Republicans including Devin Nunes, Dean Heller and Josh Mandel (all of whom have publicly taken anti-LGTBQ stances, like supporting religion-based discrimination), and Dana Rohrabacher (who recently said gay people can be denied the right to buy a home and has consistently opposed legal advancements for the LGTBQ community) was praised on this year’s High Times’ list of cannabis supporters.
The rest of the article mainly focuses on the financial dealings of the company. To read the full article Out Magazine, Pride Media Rife With Challenges for New Editor click here.