Jason Fell and Bill Mickey write on Folio’s web site that a decision on the future of Business 2.0 magazine could come from Time Inc. next week. — a statement that the company denies.
“Meanwhile, a number of Business 2.0 staffers have already found other employment and are hoping to collect severance packages before moving on, says the well-placed source. (Gawker Media Silicon Valley gossip site Valleywag reports that a magazine logo near the magazine’s entrance has been altered to read: ‘Fortune 2.0.’)
“‘I don’t think anyone is pessimistic,’ the source says. ‘I think people just want to be done with it. If it ends up being closed down everyone has pretty much gotten a nice soft landing, and if it’s going to be sold … they would love to hear the terms and if anyone here is going to be wanted by the new owner.'”
Read more here.
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