Media News: Worth Magazine Folding
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Twitter reports, picked up by NYMag and major media sources, say that Worth Magazine will soon shutter its doors. Worth follows dozens of newspapers and print media magazines reducing frequency, laying off employees, closing individual offices or folding entirely amid a drastic downturn in advertising dollars.
This comes after the decade-long rise of scalable online marketing platforms, and print media’s continued inability to offer similar flexibility and accountability.
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