Source Founder Dave Mays Files For Bankruptcy Protection, Majority Stake In Mag To Hit Auction Block
The Source Magazine’s founder and former CEO Dave Mays has filed for bankruptcy protection, temporarily halting an auction sale of his stock in the Hip-Hop publication. The auction of his share was halted for a second time in light of Mays’ declaration of bankruptcy yesterday morning (May 4). Mays lost control of the magazine after […]