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Source Interlink Media Folds 12 Magazines, Fires Dozens Of Staffers

Source Interlink Media, publisher of such "enthusiast" magazines as Motor Trend and Automobile, has undergone a major restructuring and folded 12 (out of 72) of its publications, including such automotive editions as Popular Hot Rodding, Rod & Custom, High Performance Pontiac, and Custom Classic Trucks. Dozens of employees -- "less than 100," according to the company's CEO -- were let go, including half of Automobile's staff, and the company was renamed TEN: The Enthusiast Network.

Read the whole story at Advertising Age »

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