Not looking good for some the biggest finance/business magazines.
In "The Sun Sets On BusinessWeek, Forbes, And Fortune," 24/7 Wall Street's Douglas McIntyre says those three magazines "have very few options to become profitable as 2009 progresses."Here's how Douglas breaks it down:BusinessWeek:Founded in 1929Advertising pages fell 16% in 2008 Ad pages are down 38% this year through the end of April Has more than 220 editorial, support, and management personnel A website with less traffic than TheStreet.com, which had advertising sales of only $30 million in 2008Fortune:............
In "The Sun Sets On BusinessWeek, Forbes, And Fortune," 24/7 Wall Street's Douglas McIntyre says those three magazines "have very few options to become profitable as 2009 progresses."
Here's how Douglas breaks it down:
BusinessWeek:
Fortune:
....
http://www.businessinsider.com/businessweek-forbes-and-fortune-are-in-big-trouble-2009-5
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