Portfolio Goes from Bad to Worse
Condé Nast is "having the worst year of any publisher," or so a "rival executive" tells Keith Kelly today. The facts pretty much speak for themselves, though: While there's been a 24 percent drop-off in ad pages industry-wide, the Joanne Lipman-edited trainwreck otherwise known as Portfolio is down 60 percent, and Wired has seen its ad pages plummet 57 percent. Any good news? Why, yes, there most certainly is. Golf World is doing quite nicely these days, you'll be happy to hear. [NYP]