Sunk cost vs. opportunity cost: Keith Kelly reports the heavily-hyped Radar magazine “is running into a little cash-flow problem and has delayed its third issue, which was expected to hit in September. “
Said Roshan, “As everyone knows, we’ve been working hard to complete Radar’s funding, and while it’s taken longer than expected in this environment, things are now looking good. We expect to have our next issue out around October.” Until the new funds come through, most of the staff, who went on hiatus just after Memorial Day, remain out until further notice.
rexblog flashback: When I get around to making a list of rules for magazine success, I am going to include this one.