Meanwhile Time magazine's union says management today "laid off 15% of our unit members, with additional layoffs in edit and business. We are heartbroken and outraged for our colleagues who lost their jobs."
@Nuncio@w7voa because the money for print advertising has mostly evaporated. Print media got far more money from advertising than they ever got from subscriptions. There just hasn't been a good replacement economic model since Craigslist launched.