TechCrunch reports that three days ago, Maker Media, has been forced to halt all operations due to ongoing financial issues. As a reader of Make Magazine and a father who has actively pushed my young daughters to get involved in STEM activities this is heartbreaking. I know the business model was always going to be very difficult to sustain. There is likely some truth to the comments on the TechCrunch site that point out a business model designed to promote the sharing of ideas is going to inevitably drive people to circumvent the centralized community that Maker Media created.
Still, losing a major proponent of the STEM and maker revolution is a major blow to everyone that believed in Maker Media’s mission. I can only hope that they find a benefactor who can contribute the funds to reopen their operations and keep their mission alive.