Wednesday, September 17, 2008

Ouch! Publishing Losses Hurt

LifeWay Christian Resources, the Southern Baptist Convention's publishing and retailing arm, announced that it is cutting its workforce by five percent, or about 100 of its 2,000 jobs. LifeWay spokesman Rob Phillips told the Associated Baptist Press that 2008's income was outpacing 2007's revenue of $458.7 million, but was falling below projections.

After 99 issues and 26 years, Christianity Today sister publication Christian History & Biography has ceased its print publication. Christianity Today International, which purchased the quarterly magazine from the Christian History Institute in 1989, says it will continue to publish the title online at ChristianHistory.net.

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