VITAMEDIAS
Two Magazines Are Shut and a Third Revamps
Mutual Funds magazine, a personal finance magazine owned by AOL Time Warner, and Upside magazine, a privately held publication in Silicon Valley, announced yesterday that they were shutting down. And Red Herring, another Silicon Valley publication, announced that it was selling itself to a majority investor in an effort to restructure financially.
Red Herring magazine sold in restructuring move to a company formed by its majority investor to get out from under expensive real estate leases