Dave Mays, co-founder of The
Source magazine, has dismissed the former Editor-in-Chief and will now man the
head position.
Mays replaces Dasun Allah, who was removed from the position last week.
"Right now I am taking the role of Editor-in-Chief,"
Mays told AllHipHop.com. “There were just other issues that caused this
to happen in this particular way," Mays said, adding there were "no
plans for a new editor right now.
"Ryan Ford is still our executive editor. Dasun was the other executive
editor and they had the same powers."
Allah was appointed Editor-in-Chief of The Source in September, one month after
Joshua "Fahiym" Ratcliffe resigned from the magazine.
In October, Allah was arraigned in Manhattan Criminal Court on vandalism charges
after admitting to spraying painting in a Jehovah Witness assembly hall in Harlem,
New York.
Although Mays didn’t elaborate on the reasons for Allah’s termination, he praised
the former staffer.
"His views and opinions are great. We love him," Mays said about
Allah. "He has written some of the best articles for The Source. He really
understands Hip-Hop culture."
Mays’ new position is the latest in a string of developments for the self-proclaimed
"Hip-Hop Bible."
Last week, Mays and his fellow Source co-founder Raymond "Benzino"
Scott obtained a temporary retraining order against The Source Entertainment
Inc.’s board of directors.
The order came as a result of attempts by the board to oust Mays and Scott
from the company, claiming the pair’s association with the company hurts "not
only the employees of The Source, but all of its investors, vendors, subscribers
and readers."
The Source Entertainment Inc. is the parent company of The Source
magazine.
The Black Enterprise/Greenwich Street Corporate Growth Partners L.P. is a $91
million private equity investment fund created in 1997 to finance the growth
of established minority-owned, managed, or targeted businesses.
Black Enterprise invested $12 million dollars in The Source in return for a
minority stake in the company and seats on the board of directors.
The Source defaulted on an $18 million loan from Textron Financial Partners.
Textron filed a lawsuit against The Source in Oct. 2005, seeking control of
the magazine.
