Conde Nast's Portfolio Closes

Seth Godin says that today, media is free, but attention is not. The closing of Conde Nast’s 2-year old monthly business magazine, Portfolio, proves his point. Portfolio was a lush, expensive paen to an era of big advertising budgets from big corporations spent on mass audiences. This era has been ending since the the technological innovation of web, Google and targeted advertising fused with a quick-quick, multiple tasking, attention-challenged culture of Gen Y. Maybe a decade ago?

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