The venerable Wall Street Journal is responding to shrinking circulation with a little shrinkage of its own, switching from broadsheet to tabloid format in its European and Asian editions.
The move will save $17 million per year but will cut down on space and thus content, according to the NYT (but factored into the savings should be some reduced revenue since advertisers typically demand a break to reflect reduced ad space. Good thing they’re axing a few jobs, then).
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