Bankrupt Maker Faire revives, reduced to Make Community

Maker Faire and Maker Media are getting a second chance after suddenly going bankrupt, but they’ll return in a weakened capacity. Sadly, their flagship crafting festivals remain in jeopardy, and it’s unclear how long the reformed company can survive. Maker Media suddenly laid off all 22 employees and shut down last month, as first reported by TechCrunch. Now its founder and CEO Dale Dougherty tells me he’s bought back the brands, domains and content from creditors and with his own money rehired 15 of 22 laid off staffers. Next week, he’ll announce the relaunch of the company with the new name “Make Community.” Read our story about how Maker Faire fell apart The company is already working on a new …