Monthly Mag from City Pages Founders Ceases Print Publication
By AAN Staff
february 26, 2008 08:54 am
The
Rake, which was
founded in 2002 by Tom Bartel and Kris Henning, announced this week that the March issue will be its last, citing declining print advertising revenue, the
Star Tribune reports. The magazine will continue as a web operation, and 15 of its 16 full-time employees will be laid off. "Things have changed radically in the last six years, and I think it's going to get worse long before it gets better," Bartel says. "It's too expensive to produce journalism and then have Google come along and take all your advertising."