Revolving Door Newsletter: 08.13.10
Min Raids Us For THR; Newsday Starts Hiring Spree
August 13, 2010
Magazine advertising will continue to struggle
for the next five years, according to a report released by media and information private equity firm Veronis Suhler Stevenson. The group predicts low single-digit gains and thinks many second- or third-tier publications in each industry will be forced to close. Surprisingly, there's little mention of the effect digital magazines will have on revenue streams, so it makes sense to take the entire report with a grain of salt...