Want a sign that the dead tree publishing industry is in trouble?
TV Guide just sold for $1. Not a single issue, the whole damn magazine.
While in a state of decline, TV Guide still has a circulation of 20 million people.
And it just sold for the cost of a McDonald’s Double Cheeseburger, hold the fries.
* Note: The price is for the magazine; the current owner is keeping the TVGuide.com web site.
3 thoughts on “TV Guide sells for $1”
Ouch… here I am advocating you spend lunch money on your fav web2.0 service, and it turns out you could buy an entire company instead 🙂
Why are you using an URL shortening service when you are writing on a BLOG?
“I don’t want to make this link too long, it might confuse users!”
Interesting post. What I don’t understand is why one would want to spend even $1 on it, when you see the loans required to keep it going.
Kevin Price at http://www.BizPlusBlog.com was discussing this as well and he indicated that he thought TV Guide was history decades ago.