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BusinessWeek president Keith Fox tells employees: “The growth of digital innovation has created new entrants, new challenges and entirely new business models for media companies. The move of readers and advertisers online, coupled with the impact of the recession on print advertising, has created additional urgency on the need for change. Given the current market environment, the Corporation has decided to explore strategic options for BusinessWeek.”
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McGraw-Hill confirms it’s exploring “strategic options” for BusinessWeek
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