The LM Online site has been forced to close.
This is now an inactive archive site.
THE END OF LM MAGAZINE
Statement by Mick Hume, editor
On Tuesday 14 March, the High Court ordered the connections of LM magazine
to pay ITN and two of its journalists a total of £375 000 in libel damages.
The next day, we received a letter from ITN's lawyers, Biddle, demanding the
money. Within a week they had sent another demand, with court order
As a consequence of this, Informinc (LM) Ltd, the company which publishes
the magazine, is now having to go into liquidation, cease trading and make
its employees redundant. Myself as editor, and Helene Guldberg as
co-publisher, also face the threat of personal bankruptcy.
The April 2000 edition of LM will be the last monthly issue. We are
trying to raise the finance to publish a Last Magazine in the
summer, and go out with all guns blazing.
The LM-initiated Institute of Ideas, a series of events planned to take
place from June to July, will go ahead in partnership with major
institutions in London, including the British Library, the Royal
Institution, the Royal Shakespeare Company, the Royal Society of Arts, Tate
Modern, and the Union Chapel Project. A new company, the Academy of Ideas,
has been set up by Claire Fox to coordinate these events.
We would like to thank all of our subscribers and Friends of LM for their
Anybody who can help to finance the Last Magazine should get in touch
with Helene Guldberg on (020) 7269 9228.
The LM Online website is now an archive site.
As for the post-LM future of magazine publishing, watch this space
The Institute of Ideas is a unique event - six days of thought-provoking
discussions on some of the big issues facing humanity today. Initiated by LM
magazine, and organised in collaboration with major institutions in London, The
Institute will engage with key debates around the themes of freedom, culture,
science, thought and morality.