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Suggested Predictions
Ziibos (8)
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As more ad revenue moves from traditional print media to online media, Time Inc. closed down its high-tech magazine Business 2.0. It is an indication it is relatively less profitable to run print media nowaday. Let's predict how many more magazines (not counting Business 2.0) Time Inc. will close down before Jul 1 ,2008.
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http://www.forbes.com/afxnewslimited/...
Time Warner bought the magazine in 2001 for a reported $68 million and combined its operations with its own fledgling business magazine, eCompany Now. The new Business 2.0 came close to breaking even in 2005, but spiraled back into the red this year after the number of advertising pages plunged nearly 40 percent through July, according to the Magazine Publishers of America.
http://www.pathfinder.com/pathfinder/...