Earlier this year, Mike Rogge, editor and owner of indie outdoor magazine Mountain Gazette, turned down an ad package that would have boosted ad revenue in 2024 by 20% to 25% per issue. It would have been the magazine’s biggest ad package ever.  “We didn’t think culturally it was a good fit,” Rogge says. “The agency representing that brand was dumbfounded.” To most in the publishing business, the deal would have been a financial no-brainer. And in an economic environment where...

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