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Even Forbes Is Pinching Pennies
JICWyllie
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1
6-15-2009 6:48 AM
89 views
tags:
1-losses
,
2-increase
,
3-reported
,
4-us
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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/fffb7d2f-9a1d-4163-9fe9-473224d47ba3/9A6A37AD-7A9D-405E-A721-FD32F3435795/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.nytimes.com/2009/06/15/business/media/15forbes.html?_r=1&th&emc=th#" href="http://www.nytimes.com/2009/06/15/business/media/15forbes.html?_r=1&th&emc=th#" style="font-size: 11px;">www.nytimes.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.nytimes.com/2009/06/15/business/media/15forbes.html?_r=1&th&emc=th#"><P>Although circulation has been basically stable at about 920,000, the average price per issue on subscriptions has been dropping steadily, which means Forbes — like a lot of magazines — is fighting to hang on to its subscribers.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.nytimes.com/2009/06/15/business/media/15forbes.html?_r=1&th&emc=th#"><P>Ad pages are down 15 percent in the first quarter, compared with the period a year earlier. Forbes.com, one of the top five financial sites by traffic, throws off an estimated $70 million to $80 million a year in revenue, but never yielded the hoped-for public offering. </P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.nytimes.com/2009/06/15/business/media/15forbes.html?_r=1&th&emc=th#"><P>Forbes’s misery certainly has plenty of company among its competitors. Ad pages have declined even more at Fortune and BusinessWeek. Revenue figures from the <A title="More articles about Publishers Information Bureau" href="http://topics.nytimes.com/top/reference/timestopics/organizations/p/publishers_information_bureau/index.html?inline=nyt-org">Publishers Information Bureau</A>, a generally inflated index, listed revenue of over $338 million for Forbes, $276 million for Fortune and $236 million for BusinessWeek. </P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;"> </td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/9A6A37AD-7A9D-405E-A721-FD32F3435795/blog/" title="blog or email this clip"><img src="http://content6.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>
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