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Budget cuts push outlets to online efforts

Frank Washkuch

November 05, 2008

A 10% cut in the workforce at Rodale, publisher of Men's Health, Prevention, and Runner's World. A reported 600 job cuts at Time Inc., owner of Time, Sports Illustrated, and Fortune. Reductions in the frequency of Condé Nast titles Portfolio and Men's Vogue, as well as a 5% budget cut across the parent company's magazines.

Publishing executives are blaming both the financial crisis and a poor 2009 advertising forecast for job and content cuts. For example, Time Inc. CEO Ann ...

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Budget cuts push outlets to online efforts

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