After the Sunday Telegraph reported that Lawson Muncaster (formerly of Metro) plans a free competitor (The London Business Daily) to the Financial Times (owned by Pearson), now Reed Elsevier's 'Variety' is under threat from a new daily at Virgin. The Virgin Group denies, but Forbes reports that New York City will see a show business and entertainment focused free newspaper.
Apparently, it is not just newspapers that are threatened by ad supported free publications, but now magazines as well.
Monday, August 01, 2005
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