Another Mag Bites the Dust: Conde Nast Shutting Down Portfolio

by Benjamin Domenech on 1:24 pm April 27, 2009

Advertising is in a horrific crunch period and those of us with business models that rely on advertising dollars are well aware of the fact. Microsoft[‘s online division] lost $575 million last quarter because of it. Obviously, putting out a glossy print magazine comes with more overhead than running a blog or even an online-only magazine.

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