TV Guide Loses $18.1 Million
Seems the JLH strategy didn't work for beleaguered TV Guide. The weekly chronicle of TV just reported a net loss of $18.1 million for Q3 2003. Revenue fell 12.4 percent to $207.6 million, compared to $236.9 million in the same quarter last year. With the proliferation of set top and TiVo program listing guides, the lifespan of a printed magazine about TV is destined to be shortened very quickly.
