The New York Times has an interesting story about International Data Group, the tech industry trade magazine publisher, which is transitioning its print magazines to a Web-only model. Results: losses turn to profits, online ad revenue outstrips print, and revenue is growing 10 percent a year. Surprise!
Stewart Alsop, the journalist-turned-VC who once edited IDG's flagship, InfoWorld, gets the kicker quote: “What’s happening at IDG is a fairly accurate map for every other publishing organization. Get over it, it’s going to happen.”