The totally wasted "Stimulus" trillion dollars was designed to destroy the private sector, not create jobs.
Posted on 10/05/2009 3:53:44 PM PDT by Artemis Webb
Conde Nast CEO Charles Townsend said Monday he was shutting down four magazines, including the awarding winning Gourmet, parenthood title Cookie and two of the company’s bridal magazines, Modern Bride and Elegant Bride.
It was the biggest one-day bloodbath in the publishing company’s 100-year history. Hundreds of people will be tossed out of work.
The company said it would keep the Gourmet cookbooks and television programming but shut the monthly magazine. Bride’s, the last surviving bridal book, will move to monthly from six times a year.
Industry sources had estimated that Conde Nast could lose $200 million this year.
(Excerpt) Read more at nypost.com ...
LOL!! Words fail me....
Every woman who gets engaged buys all of them.
sw
cooling = cooking..
I thought of that one, but this is supposed to be a family site. Tsk...
LOL!!
I’m sure you’re right, still...that means every woman once in her life buys one issue of each of these magazines...don’t add up...still not suprised these mags are being deep-sixed.
The totally wasted "Stimulus" trillion dollars was designed to destroy the private sector, not create jobs.
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