Rory Maher writes for The Business Insider about why BusinessWeek magazine, currently for sale by McGraw-Hill, might be a good purchase for someone.
“That’s a third of the $125 million the WSJ says that BusinessWeek currently makes in revenue a year. But, with print/distribution costs being a quarter of what they once were, and half the payroll costs gone, it’s realistic for this to be a business that generates 20% to 30% profit margins.
“In addition, Forbes.com reaches about 11 million monthly uniques. So if BusinessWeek’s online moves were to gain traction and it catches Forbes over a very reasonable four years, that would represent 28% annual growth.
“Not bad for the likely $30 million the buyer would pay after the first year’s operating losses and severance payments.”
Read more here.
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can you stop posting all this crud on BW. can you get any more boring. who cares