Tuesday, December 1, 2009

FP analysis of Chatelaine editorial shuffle

Douglas Bennett, publisher of Masthead, said others in the industry are questioning whether Rogers is cleaning house in order to put its magazine division up for sale.

"[ Chatelaine] is an important business for Rogers and has been a powerhouse for most of the decade. But there is a lot of restructuring going on in other parts of the [publishing] business and its wireless division is huge relative to publishing. It takes three days of Rogers' wireless billing to generate the annual revenue of Chatelaine, approximately. That puts it in perspective."

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