Reader's Digest, once the magazine with the highest circulation (over 15 million in 1990s) just filed for its second bankruptcy in four years. Times are tough for magazines.
It looks like the sagging numbers is leading Time, Inc. to sell off many of its big magazine properties. USA Today reported Meredith, a media company that owns other magazines, will buy People, InStyle, Real Simple and other titles for about three billion big ones.
But not all is gloomy. People actually showed an increase in paid and verified circulation by 1.9% in the second half of 2012. It has a weekly circulation of 3.64 million.
Time, Fortune, and SI will remain with Time, Inc.
the idea of heroes and moral courage. One of my readers gave me a good answer: heroes are people who give too much away.
Brian Feinblum’s views, opinions, and ideas expressed in this blog are his alone and not that of his employer, the nation’s largest book promoter. You can follow him on Twitter @theprexpert and email him at firstname.lastname@example.org. He feels more important when discussed in the third-person. This is copyrighted by BookMarketingBuzzBlog 2013 ©