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Jann Wenner: Publishing On iPad 'Crazy'

In this Q&A with Wenner Media publisher Jann Wenner, he sounds confident about his magazines' profitability ("We've just been making money"), less so about the viability of publishing on tablets.

"From the publisher's point of view I would think they're crazy to encourage it," he tells Ad Age. "They're going to get less money for it from advertisers. Right now it costs a fortune to convert your magazine, to program it, to get all the things you have to do on there. And they're not selling. You know, 5,000 copies there, 3,000 copies here, it's not worth it. You haven't put a dent in your R&D costs."

Read the whole story at Advertising Age »

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