Special Report: Letter From the Editor

What’s that you’re reading?

Ah yes, a magazine. Surely you remember those. They’re that quaint medium that enabled Time Inc., Condé Nast and Hearst to erect global media empires that, lately, have become purveyors not only of print but also a dizzying display of digital sidelines (DVDs, VOD, mobile apps), TV shows, satellite radio channels, retail shops, clubs, housewares, flowering plants—even condiments (not one but two magazines now have their own lines of mustard).

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