Wenner Media Looks to Unload Us Weekly to Shore up Its Finances
“We believe the 18 percent drop in Us Weekly and Men’s Journal print advertising in 2015 was exacerbated by brand advertisers avoiding or reducing their presence in the company’s magazines due to the discredited article [in Rolling Stone] which caused Wenner’s print ad revenue to decline at a faster pace than the industry,” a report by Moody’s Investors Service maintains.more»
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Wenner Media Looks to Unload Us Weekly to Shore up Its Finances
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