8:30 a.m., Aug. 27
Editor & Publisher, Kirkus Reviews Closing
More bad news for the written word: Editor & Publisher, the magazine chronicling the news industry for more than a century, and Kirkus Reviews, a book review publication, are both being shut down by Nielsen Co. Editor & Publisher was founded in 1901 and Kirkus in 1933. Newspaper advertising is down about 28% this year, and overall advertising is down about half that. The book business is also hurting. Nielsen is also selling some brands, including Adweek, Brandweek, Mediaweek, The Clio Awards, Back Stage and Film Journal.