Interview Magazine, founded by Andy Warhol, folds after almost 50 years

Interview Magazine, founded by Andy Warhol, folds after almost 50 years

Interview Magazine, founded by Andy Warhol, folds after almost 50 years

For almost half a century, a publication started by Andy Warhol has been publishing Q&As with such celebrities as John Lennon, Leonardo DiCaprio, and even Warhol himself. "I am saddened and surprised by the news that Brant Publications has chosen to shutter the cultural icon that Interview has been since its founding by Andy Warhol", he wrote.

Interview has been embroiled in tabloid drama over the past few weeks, ever since former editorial director Fabien Baron sued the magazine for $600,000.

The magazine was owned by Peter Brant, a billionaire art collector, who acquired the magazine in 1989.

But it was also a key part of Warhol's art-business practice, with editors directed to place fashionable wives and girlfriends of wealthy businessmen on Interview's covers; their partners could then be induced to purchase the screen print of the women from Warhol's studio.

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Longtime employee Deborah Blasucci is suing the company under claims that she was sacked for making too much money, and three other female employees have accused creative director Karl Templer of "overstepping professional lines", though Templer denies these accusations.

Baron resigned from the publication last month after working there for more than 10 years.

The New York Observer reported Monday that a source said the publication was in Chapter 7 bankruptcy and "liquidating its assets".

In 1977, riffing on his famous dictum that in the future everyone in America would be famous for 15 minutes, Warhol told the late writer and editor Glenn O'Brien that when he was drunk, "I tell everyone they can be on the cover of Interview". "Baron claims the magazine owes him "over $500,000 from invoices between 2015 and 2018" and owes Poiblanc "$66,000 as a stylist".

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In 2016, Interview's former president Dan Rangone sued the publication for $170,000 in unpaid wages, according to WWD.

Truman Capote was one of Interview's earliest contributors, and Warhol also conducted many interviews. Peter Brant owns the magazine, while his daughter Kelly is the president.

In the case of Interview, it represents the end of an era and a sobering reminder of how once-mighty media institutions have fallen hard.

"I always thought it should be for new people", Warhol said of Interview in 1977", but I guess there aren't enough new people to buy it".

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