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by cyberneticist
1092 days ago
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It is because there are all kinds of cost not being factored in here. You aren't going to keep the subscription base without spending a ton on marketing. I am sure many other cost that we aren't thinking about since not in the magazine business. To me, I am a prime example of someone who use to absolutely love magazines who could not be bothered now. There is no price that will get me to subscribe. I just don't want to be sent paper in the mail. |
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If you do quality work, you don't need to spend a ton on marketing. And this is very livable revenue - tons of media outlets thrived on less (inflation adjusted) back in the day.
The main problem is belonging to some conglomerate who doesn't care for such small profits or a business breaking even. They're an insect to them.
A corporation running from a non-profit dedicated to the mission (as opposed to those greedy people), or passionate private owner(s), would have no problem to continue.