Does anybody see the sweet irony in Trump magazine going bust the day his interview appears in The Wall Street Journal explaining his wealth?
This is another financial train wreck Niche Media inherited from acquiring Ocean Drive Media. Trump magazine was about to go under after three years when Ocean Drive came in to rescue it in September 2007. It was described in the New York Post as a "five-year $20 million partnership" in the New York Post.
Niche has been quietly folding a number of its Ocean Drive properties, which makes their acquisition probably one of the great magazine deal busts of the last five years.
If you'd really like a stroll down memory lane, allow the Reaper to show you the Donald's other publishing failure, Trump World.
Here's how they described this misguided vanity project:
Trump World magazine takes readers inside Donald Trump's world, travel to exotic locations and fine dining establishments. It gets you up close and personal with the superstars of today & tomorrow and bring you back stage with the contestants of The Apprentice.
After seeing the Niche Media website, i wonder if any of those stinkers are going to survive.
http://www.nichemediallc.com/
Posted by: JeffConn | May 19, 2009 at 05:12 AM
Is it just me, or was Niche looking for lousy magazines to take over? Will the secretary at Niche answer the phone "Bialystock and Bloom"?
Posted by: Paul Riddell | May 19, 2009 at 04:38 PM
It was described in the New York Post as a "five-year $20 million partnership" in the New York Post.
Posted by: Kevin Bracken | May 20, 2009 at 05:03 AM
Why would anyone really want to read anything pertaining to this bozo ? It was inevitable.
Posted by: kathy@los angeles wrongfuld eath attorney | June 13, 2009 at 07:12 PM
I do believe the man is having financial problems now that all the overinflated realestate collapsed.
Posted by: kathy@san diego wrongful death attorney | June 13, 2009 at 07:22 PM