MONDAY, NOVEMBER 26, 2007
New York Times
"Cross my heart and hope to die, I have already been offered hundreds of millions of dollars for it," says
Felix Dennis. The publisher tells
David Carr he believes he can go up against Time, Newsweek and US News & World Report, and observes: "The American magazine industry has been massively overstaffed for years and years. It is one of the most inefficient businesses in the history of the world. And you know what? The chickens are coming home to roost."
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