Magazine Deathwatch: Budget Travel

Will Budget Travel be the next title to go the way of Domino and so many other magazines this year?

That’s the sad news being reported by New York Magazine‘s Daily Intel, which claims that the magazine, which is owned by Newsweek publisher Washington Post Co., is already clearing out. (Update: We received word from a Newsweek spokesman that Budget Travel is not folding. Read the full update here) The reported closure is likely due to rapidly declining ad revenue, something many magazines have been experiencing.

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