Tuesday, April 28, 2009...3:50 pm
Portfolio magazine axed
I discovered Portfolio late last year when I stumbled on a dissection of the Wall Street collapse by Liar’s Poker author Michael Lewis (now preserved here). It was riveting and very well written – as you would expect, I guess.
The reason for the closure seems to be plummeting ad revenues. I have no idea whether this is just because of the tanking economy, or also because the new digital world doesn’t have room for it.
I’m not a believer in print for print’s sake – but I do think it’s a shame that high quality publications go to the wall as well as indifferent ones.
I never bought a copy, of course – I just read it online. Which is the key problem for news and magazine publishing now.
So, yes. I guess that would make it my fault…Tweet