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Speed of 'Business Week' Value Decline Called Alarming


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NEW YORK (AdAge.com) -- Business Week, the latest poster child of the troubled print publishing industry, was the focus of analysts' discussions at Tuesday's Gotham Media seminar. the iconic McGraw-Hill title, which lost more than $40 million last year, is on the auction block. Investment banker Reed Phillips called the speed of the publication's decline in value "alarming." He's a partner in the media-focused firm of DeSilva and Phillips. The seminar, which drew together five media specialists was entitled "Buying and Selling Media Assets in the New Economy."
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Ad Age VideoBy Advertising Age