Video via PaidContent of Arianna Huffington and Mathias Dopfner, CEO of German media giant Axel Springer, moderated by Christine Ockrent, CEO of the government-funded France 24 TV channel, was pitching it to be.
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Monthly magazine ad pages are down 33%, or 8,359 ad pages this year. For Conde Nast in particular:
Man that sucks any way you dice it. Business Insider asks: “The real questions for Conde Nast: Is this is a one time event brought on by the recession? Or is this is a permanent trend?”
Hmm… I’ve subscribed to magazines for a decade now and the trend is pretty clear: they get thinner and thinner, and some just - poof, like magic - disappear.
