Looks like getting printed action sports magazines that last mile to the newsstand is going to get a little harder now that Anderson News has “suspended normal business activities,” according to a story on Folio.com.
The decision comes roughly three weeks after the Knoxville, Tennessee-based Anderson, along with fellow wholesaler Source Interlink, threatened publishers with separate 7-cents-per-copy price hikes. . . . Publishers largely balked at the 7-cents-per-copy surcharge and refused to pay, upset at the wholesalers’ sudden and “unilateral” decision to boost costs. . . . In a statement announcing the suspension, the company said it will “continue to hold discussions with publishers and retailers, trying to develop a viable model that allows it to remain in business.” Anderson said the situation is “a mess for us all.”
No doubt.
[Link: Folio]
