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As circulation numbers slipped back under 1 million in the 1990s, Business Week revenue that had once propped up the corporation was now locked into a steady downward course.
Shepard left in 2005 after an extended search turned up Steven J. Adler, deputy managing editor of the Wall Street Journal and a Harvard Law School graduate — a rare credential in the news business — as his successor. Speculation was that Adler had a chance to save the magazine and move upstairs to the 49th floor executive suite.
The BW chalice proved poisoned, however, and Adler has spent four years slashing staff and frantically trying to reinvent the magazine and its website. Moving ever further away from the BW of its glory days, he has chopped up editorial content and brought on celebrity columnists, including former GE chairman Jack Welch and his new wife Suzy Wetlaufer, and Maria Bartiromo, a CNBC personality also known as “Money Honey.”
Yet ad pages have declined steadily since Adler came aboard. He is likely to be sold off with the magazine, assuming a buyer can be found. Time Warner and Forbes have both said they are not interested. In fact the industry is now waiting for Fortune and Forbes to be treated to their own “strategic options.”
A man of faith in a godless age is hitting Americans where it hurts.
Mr. and Mrs. American Spectator Reader, let P.J. O’Rourke talk sense to your kids.
In Britain, defending your property can get you life.
The debacle of this president’s administration is both a cause and a symptom of the decline of American values. Unless Congress impeaches him, that decline will go on unchecked. An eminent jurist surveys the damage and assesses the chances for the recovery of our culture.
It won’t take long for conservatives to scratch this presidential wannabe off their 2008 scorecard.
The American Christmas, like the songs that celebrate it, makes room for everybody under the rainbow. Is that why so many people seem to be hostile to it?
Was the President done in by the economy, or by the politics of the economy?