When the Los Angeles Times reduced their book section to a measly page-and-a-half spread due to budget cuts, I canceled my subscription, as did thousands of other readers. In an attempt to cut costs, they lost subscriptions. I may not be a financial analyst but if you lose your readership, doesn’t the cost of your ad space have to make up for it? I wonder how this decision has affected them overall.
I was catching up over at Book Group Buzz and apparently the Washington Post has the same idea. Click here for the article. It saddens me to no end that these sections have to be cut.