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Revolving Door Newsletter: 04.26.05
An executive editor at American Media quits after engaging in reported screaming matches with the powers that be. Color us shocked. Plus, what fate will befall Hog Farmer and Soybean Digest?April 26, 2005
When a magazine lands on the block, it's a scary time for the staff. Considering the fairly simple equations prescribing the economic consequences of almost any acquisition (realizing a return on investment + generating the cash to pay down debt = cash saved by desperate cost cutting), it's a foregone conclusion that not everyone will make it to the new owner's offices. Still, for the employees of Primedia's business-to-business division, the prospect of being sold to some other B2B outfit must seem less like the Bataan Death March and more like the liberation of Paris. Primedia'...