Friday, May 7, 2010

Now It's Discover Magazine That's for Sale

This week, first Newsweek was put up for sale by its owner, the Washington Post Co. Today comes word from Folio: that 700-000-circ science magazine Discover is looking for a buyer. I think this is our chance.

Newsweek is said to be bleeding tens of millions of dollars a year, but Folio: says Discover is reportedly cash-flow positive. So I'm in!

I've got $37 in my wallet, and can probably squeeze a bit more off my credit cards. Come on, pitch in! This is Discover we're talking about. Originally a Time-Life magazine, Discover helped launch a great new era of popular science journalism, and it's done some great work over the decades.

Did I mention it's cash-flow positive??
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