Post by jag11 on May 5, 2009 6:36:59 GMT -5
Source Interlink, the company that owns Primedia's Enthusiast Media Group (which includes Soap Opera Digest and Soap Opera Weekly) is going to file for bankruptcy protection under Chapter 11.
The company is nearly $1 billion in debt.
With the rise of the Internet, magazines have seen a loss in readership, and with the economy the way it is, subscriptions and newsstand purchases have declined
The company is nearly $1 billion in debt.
With the rise of the Internet, magazines have seen a loss in readership, and with the economy the way it is, subscriptions and newsstand purchases have declined