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RiseUp Magazine Files For Chapter 7 Bankruptcy In Missouri

Facing multiple lawsuits, the short-lived RiseUp magazine company, RiseUp Publications, has filed for Chapter 7 bankruptcy in Kansas City, Missouri. The magazine, which focused on race relations, only appeared for six weeks in 2008 before running into financial difficultly.

The magazine, which is owned by Frank and Janice Ellis of Ellis Management Marketing Group Inc., was published and inserted into local newspapers such as the Kansas City Star, and reached 4 million readers at one point in its existence. The Washington Post, New York Daily News, Chicago Tribune, and other papers briefly carried the magazine.

However, two different lawsuits earlier this year solidified the fact that the publication was in trouble: the Kansas City Star claimed that RiseUp owed them $2.2 million while a California newspaper chain is seeking the $93,000 that they are owed.

When RiseUp filed for bankruptcy on Wednesday in the US Bankruptcy Court of the Western District of Missouri, the company claimed liabilities between $1 million and $10 million, assets of less than $50,000, and fewer than 50 creditors.

Some contend that the magazine was briefly popular when Barack Obama's presidential nomination was top news, and that RiseUp also suffered many of the same problems facing print publications across the country.

Janice Ellis, a businesswoman who once ran for Mayor in Kansas city, had this to say of the magazine: "I started RiseUp because I wanted to provide a readily accessible tool to help us solve some of the problems we face as a society when it comes to race relations."

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