Scary magazine predictions, but I don’t think it differs from anything else. Magazines, like a car manufacturer, retail store, small business of any sort, all apply.
Andy Cohn from the Fader said that 5 out of 10 mags and papers will close.
-I guess that’s the same as 1 out of 2. Scary thought, since what will a newsstand look like if this happens?
Steven Kotok from The Week says: “Lots of things nobody predicted will occur.”
- hope this can mean great things.
Dylan Tweeney from Wired: “…2009 will be a very, very difficult year for advertising-supported businesses of all kinds. Anyone launching a publication in 2009 better have deep enough pockets to ride out a year or two of very thin revenues.”
- that’s obvious since even a publication that’s been going for years will have thin revenues.
Video content seems to hit a few people’s lists. Am I paranoid yet about our future? Sure just a little, but at the same time, the idea is to keep moving.
Read many more here at Foliomag.com
It’s interesting to read what people say about magazines (at least for me).