Friday, October 17, 2008

TV Guide sells for $1

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 comments:

Zoli Erdos said...

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 :-)

Anonymous said...

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!"

Jane Gaines said...

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 www.BizPlusBlog.com was discussing this as well and he indicated that he thought TV Guide was history decades ago.