Ups
National Geographic wins three National Magazine Awards, including a prize for general excellence.
Since shuttering its print edition, International Data Group title InfoWorld has increased operating profit margins from a slight loss in 2007 to 37% this year.
FastCompany.com reports that the publication's social networking membership is growing at 10% per month and users have created 946 blogs on the site.
Downs
Reports say the Minneapolis Star Tribune is on the verge of bankruptcy after hiring the Blackstone Group to restructure its debt.
The Washington Post Co. sees its first-quarter net income drop 39% due to a continued loss of newspaper revenue and one-time buyout charges at Newsweek.
BusinessWeek parent company McGraw-Hill posts a 44% Q1 profit drop due to a decrease in demand for its Standard & Poor's credit ratings.