marketwatch

First Portfolio, the business magazine launched just two years ago by publishing giant Conde Nast, folded. Then, the largest business magazine in America, BusinessWeek, was sold by its parent company, McGraw-Hill (MHP), to Bloomberg for as little as $3 million plus its subscription liabilities....

Frustrated by plunging advertising and circulation revenue, newspapers are desperate to find new business models. But The Wall Street Journal's plan to launch a "sophisticated micro-payments service" to sell access to individual articles seems poorly thought out. If the Journal were the only...