Kelly writes, “Like its larger-circulation sibling title, ShopSmart accepted no paid advertising because it did not want its editorial mission to be influenced by advertisers. It relied on newsstand and subscription sales for the bulk of its revenue.
“‘I’m sad, but I feel we accomplished a lot,’ said Freeman. The magazine had 342,000 paid subscribers at $4 per issue, while newsstand consumers had to fork over $5.99 an issue.
“The sudden shutdown of ShopSmart has angered the editorial union, News Guild of New York (formerly the Newspaper Guild). Twelve unionized workers and six managers were slated to be laid off as a result of the closing, the Guild was told on Tuesday.
“Bill O’Meara, president of the News Guild, claimed that Consumer’s Union, the parent company, is ‘violating seniority rights and ignoring contract language that bans layoffs of long-term employees.’ He vowed that the Guild ‘will fight back.’
“A company spokesman had not returned a call on the labor dispute by press-time.”
Read more here.
The Advocate is looking for a savvy reporter to cover the Baton Rouge business scene…
MLex, a LexisNexis company, is an independent news organization for breaking news and forward-looking analysis…
The Austin Business Journal seeks a staff writer to cover economic development in one of…
A Russian court on Saturday placed Sergei Mingazov, a journalist for the Russian edition of…
Justin Nielsen of Investor's Business Daily writes about the newspaper's 40th anniversary. Nielsen writes, "When the…
Clare Fieseler has been hired by Politico and subsidiary E&E News to cover renewable energy,…