James Mitchell

"Newspapers die hard — and the obituaries over the next few years are likely to make us think of massive casualties in a war. Strip out the classified business, and you’ll find that magazines face many of the same problems as newspapers: ever rising paper (and for us even worse postage) costs, the swift migration of advertising from print to Web, the inability of online revenues to offset the decline of print ads, and often declining readership. Yet as bad as the newspaper business has fared to date, some observers say magazines are even further behind the transition."