The New Media Consortium: its sudden death and what comes next

#becomingeducational Sad news before Christmas – another blow for creative EdTech…

The beauty of the web and using the web and the tech for creative education are the networks of creative, enthusiastic and engaged people who have been working for the best possible outcomes for Technology Enhanced learning – for technology and society.
This post tells of a seismic blow to the EdTech community in the USA…
And the very nature of this blogpost shows how good people respond when bad things happen…
Our thoughts go out to the people of the New Media Consortium – their lives are being drastically impacted – what to do? And how to save all that legacy – all that work.

Bryan Alexander

Yesterday many of us learned to our shock that the New Media Consortium (NMC) was going to be liquidated.

We learned via an email announcement, as follows:

The New Media Consortium (NMC) regrets to announce that because of apparent errors and omissions by its former Controller and Chief Financial Officer, the organization finds itself insolvent. Consequently, NMC must cease operations immediately. NMC would like to sincerely thank our loyal and dedicated community for its many vital contributions since its inception in 1994. NMC is grateful to its current executive director and NMC staff for their tireless efforts to connect people at the intersection of innovation and technology. NMC will be promptly commencing a chapter 7 bankruptcy case. A trustee will be appointed by the court to wind down NMC’s financial affairs, liquidate its assets and distribute any net proceeds to creditors. The case will be filed in the United States Bankruptcy Court for the Eastern District of California. Please understand that NMC’s assets may be sold as part of the bankruptcy process and another entity, potentially a nonprofit, may yet go forward with our summer conference. Nevertheless, before sending any payment for 2018, please contact our counsel Reno Fernandez at (415) 362-0449 ext. 204, and he will connect you with the trustee once he or she is appointed.

Black background in the original.  This is a screen capture.

Shortly after receiving this Campus Technology asked for my reaction.  Here’s what I told them:

I am heartbroken and gobsmacked. The news comes as a terrible shock. My heart goes out to the fine NMC staff, who don’t deserve this. Instead they deserve being snapped up by smart employers, stat. I also rue the blow to the community of splendid innovators that gathered around NMC since the 1990s. Can we use our imagination and technology to build something new in the NMC’s ruins?

I stand by those words.

Right after the announcement broke Twitter lit right up with questions, pleas, mourning, and brainstorming.  I had just finished a long…

View original post 941 more words

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s