Publishing Is Not Dying
Harvard Business Review
AUGUST 21, 2014
Magazine consultant Jay McGill estimates that profit margins in the industry have dropped off from a stellar 20–25% to a more earthly, but still healthy, range of 12–15%, which is pretty close to the average for the S&P 500. Last year, News Corp’s newspaper division reported EBITDA of $795 million on $6.7 Aren’t they?
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