"It's an open question whether potential buyers of the Hachette titles will be able to secure funding for acquisitions, however. With global credit markets still frozen, money for the acquisition of distressed media properties like magazines and newspapers has grown scarce to the vanishing."
Why buy the latest issue of Cycle World when you can buy the whole magazine?
Update: Ad revenue figures for popular magazines reveal how the economy, and the internet, are affecting the print media; magazines broken down by category here. (Oddly, Playboy is down, Popular Mechanics is up.) Also, there are conflicting reports about whether Hachette is selling Cycle World or keeping it.
“I have too much money.”
2 days ago