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BusinessWeek Explains Why BusinessWeek Is for Sale: It’s a Money Pit

in Media on July 24, 2009 at 5:44 am PT

Earlier this year, a top BusinessWeek editor assured me that McGraw-Hill wouldn’t part with the publication–because even if it was losing money it was still a trophy asset for the publisher. But perhaps my source didn’t comprehend how much money his employer was actually losing.
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