Classic Rock Magazine Parent Company TEAM ROCK Goes Into Administration

Truly disturbing news out of the UK overnight, with Team Rock placed into administration and their stable of magazines (Classic Rock, Prog, Metal Hammer) all instantly dissolved.
Here's a couple of news items to explain in more detail. Some great people without a job today, more proof of the evolving nature of the music business and the deterioration of the traditional role the media plays a role in things.