+1
Just as you said; Major publications contract independently audited and certified circulation studies that they use to quantify the rates they charge for advertising. As the paid circulation (a
tangible measure of readership who were interested enough to actually
pay to receive the ad copy) drops so does the
reach of the ads, and therefore also the revenue they can generate per page of advertising sold.
Meanwhile the editorial and fixed costs continue to
escalate; unless they can find writers, editors, publishers, landlords, public utilities etc. who are willing to provide their services for less money just because the magazine's ad revenues are down so sharply.
Welcome to 2010, we all know things are tough all over, but it's an
extremely tough environment for print media and getting tougher daily.
I truly don't know what the "Real Estate News" is, but... are these articles by chance "advertorial" pieces? A lot of free publications use "advertorials" (a term used by print media types); faux editorial pieces that are
actually thinly veiled written advertising for the subject of the editorial article. You'll generally find
conventional ads somewhere else in the publication paid for by the parties mentioned in these "articles".
It's not a conspiracy, not an issue of them "pulling their heads out", IMO it's purely survival. It's sad; I also have been reading BP since the beginning and will miss it if it fails. Based solely on the posts in
this thread, I would suspect that the "read it and put it back without paying and then whine about the content on a forum" types won't be able to do that for much longer.