Media And Publishing

The magazine industry faced a bad year that got worse after the Sept. 11, 2001, terrorist attacks in the U.S. “The 11th” hastened the decline of an industry already suffering lowered revenues and resulted in the closure of some well-known magazines. During the first nine months of 2001, total ad pages declined about 10%, and revenue slipped slightly more than 1%. The good news for 2001 was that 2000 was