Comments on: Business Week Sale: $1

By: jc

jc — Wed, 15 Jul 2009 11:17:57 +0000

BW obviously has their own unique problems but what does this say about the fate of struggling US newspapers that are about the size of comic books now without their many pages of RE and auto advt? Officially we’re only 19 months into a drecession that only Krugman believes will end by fall. Fall 09

By: jc

jc — Wed, 15 Jul 2009 11:14:19 +0000

They’re selling the entire mag for less than the price of a single copy!

By: backslider

backslider — Tue, 14 Jul 2009 18:07:34 +0000

The primary liability is likely to be subscriber copies owed to 800,000 plus subscribers. In theory, someone needs to serve them copies or pay them back for the unserved portion of their subscription.

By: Transor Z

Transor Z — Tue, 14 Jul 2009 18:02:32 +0000

Or 21 pints of Cossack if that’s how you roll

By: Transor Z

Transor Z — Tue, 14 Jul 2009 18:00:18 +0000

@cvienne:

Dunno if my $3 bid was good since NY Stock Guy bid $20.

No way I’m going to $21. That’s seven bottles of Three-Buck Chuck at Trader Joe’s. Or three bottles of Yellow Tail — or half a bottle of Grey Goose…

By: David Merkel

David Merkel — Tue, 14 Jul 2009 16:36:04 +0000

I wonder what liabilities MHP is sending along with BW — without debt, there should be a way for it to become cash flow positive, so I don’t get the $1 price, much as I don’t like the business model.

Let Murdoch buy it — it would work well with his current stable of financial journalism companies. Let TSCM buy it to gain a non-web platform. (What a thought.) Let Forbes buy it, then they could have a business magazine. At least a weekly that doesn’t rely on long lists…

The brand name is worth something — unless MHP is trying to shed some debts here along with BW, it should be worth something.

By: cvienne

cvienne — Tue, 14 Jul 2009 16:31:11 +0000

I hereby nominate Barry as the next Rukeyser!

By: KellyD3

KellyD3 — Tue, 14 Jul 2009 16:05:16 +0000

You can change the name to Bailout Week and keep the BW masthead (of course the first cover story can be how you helped bail out McGraw Hill)

If bailouts ever end, you can rename it Barry’s Week

Think of the possibilities!

By: call me ahab

call me ahab — Tue, 14 Jul 2009 15:41:44 +0000

I wonder why they don’t just scale it back to online only and shut down the print addition-

many magazines have gone that route

By: cvienne

cvienne — Tue, 14 Jul 2009 15:30:14 +0000

@BR

BR…you may have personally put them out of business with this blog…Shame on you!