• Newsday, March 11, 2005, Friday, March 11, 2005 12 PM

A federal investigation of newspaper circulation has spread to the magazine industry as authorities examine questionable "swap" payments between top publications and a major Long Island news distributor that may have contributed to inflated circulation, Newsday has learned. The publications whose arrangements with the distributor are under scrutiny include Time, Newsweek, U.S. News & World Report, New York magazine, Crain's New York Business, National Geographic, the National Review, Travel + Leisure, Food & Wine, and the Harvard Business Review, among others, according to numerous sources familiar with the company and the probe. While prosecutors are believed to be examining allegations of improper practices by the distributor, it is not clear the magazines have been implicated; none reached yesterday was aware of the probe.

Read the whole story at Newsday, March 11, 2005 »