I work in the magazine media business and as I was reading this, I kept thinking about some of my former clients who were purchased multiple times by PE and LBO's. How the new owners were great at finances, knew nothing about publishing.
And of course, how they crashed the business.
TallGrassMedia
In Hollywood, business is not booming
This week's newsletter
“I went from working nonstop, to now I’ve got to sell my house.”