Crain's reports that 279 magazines have closed since the beginning of 2009.
In the first half of 2009, a total of 279 magazines ceased publication, according to a report from MediaFinder.com, the Oxbridge Communications-owned online database of U.S. and Canadian periodicals. An additional 43 titles, including Crain Communications’ TV Week, shut down their print editions and continued publishing online...In the same period, just 187 new magazines launched.
In happier news, the New York Observer reports that Mark Sanford's upcoming book on fiscal conservatism will no longer be published by Sentinel, which is the conservative wing of Penguin. The book was going to be published in 2010. I bet some smaller press will swoop in and buy the book for $2.79 and a bus transfer, so if you had your heart set on reading Sanford's economic treatise, you'll have your day eventually.
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