A publication created by Andy Warhol nearly 50 years ago, “Interview” magazine, has folded amid legal disputes with former staffers who allege the company owes them hundreds of thousands of dollars in compensation.
The publication, which was launched in 1969, has reportedly filed for Chapter 7 bankruptcy, which entails the liquidating of assets.
Interview has been embroiled in public controversy, with former editorial director Fabien Baron suing the company for $600,000 for what he alleges is money owed to his wife and him. Baron resigned from the publication last month after working there for more than 10 years.
Former associate publisher Jane Katz, who says she was fired without cause, also charges the publication owes her $230,000 in unpaid wages, while former Interview President Dan Ragone alleges he is owed $170,000.
Warhol died in 1987. The magazine had since gone through several reboots, including in 2009, when billionaire Peter Brant purchased the publication.
Employees, former writers and other journalists took to Twitter to lament the magazine’s demise.
The news of the folding was first reported in the New York Post on Monday.