BusinessWeek, Forbes, Fortune in Trouble

(1 post)
Topics: MAGAZINE
by Daba
10753 Posts
hopped up out my bed. turn my swag on.
2 weeks, 6 days ago
6 months, 3 weeks ago

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 1929
  • Advertising 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 2008

Fortune:

....

....

....

 


http://www.businessinsider.com/businessweek-forbes-and-fortune-are-in-big-trouble-2009-5

 

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