Portfolio Magazine Closes | Print's Death Rattle Continues

One less business magazine on shelves

By now, you probably know that circulation numbers for newspapers and periodicals are down. Numerous newspapers have either called it quits entirely or abandoned newsprint for the online-only format. Among other luminaries of print journalism, Dan Okrent, Edit0r-at-Large for Time, Inc., has sounded off on the issue. While the container for the information may change - his hint that online is the destination - the information itself will not. Journalism will continue to evolve and entertain.

Declining circulation figures and increased production costs are claiming more than newspapers. Magazines like Blender and Domino recently closed their doors, and not Portfolio Magazine by Condé Nast has followed suit. That means layoffs, with debt relief and debt consolidation to follow for the unfortunate few.

Where are the ads?

David Carr reports for the New York Times that Portfolio, a business magazine that Condé Nast began in April 2007, will cease publishing effective immediately. The decision was announced to the staff by Joanne Lipman, the magazine’s editor-in-chief. ... click here to read the rest of the article titled "Portfolio Magazine Closes | Print's Death Rattle Continues"