In the past 10 years, many of them, especially if they work on magazines, lose their audience, lose their advertisement budget. I think we’ve heard figures such as a 50 percent reduction in revenue, a 20 percent staff cut, and things like that.
In the past 10 years, many of them, especially if they work on magazines, lose their audience, lose their advertisement budget. I think we’ve heard figures such as a 50 percent reduction in revenue, a 20 percent staff cut, and things like that.