Maxim Lost $5 Million Last Year
Alpha Media Group put Maxim up for sale in March with the hopes of attracting “meaningful and beneficial” offers. Well, the latter request isn’t going to happen. According to the New York Post, Maxim lost about $5 million last year, and ad pages continue to plummet.
We suspect that will keep potential partners/new owners at bay, unless they’ve got extremely deep pockets. Speaking of that, could you imagine if Michael Bloomberg bought Maxim? He’d be a blast at the magazine’s annual Super Bowl party:
Random Dude: “Hey Mikey, beer me!”
Bloomberg: “I would rather not beer, anyone.
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