The latest announcement in a week of see-saw reports about the status of mass-market giants Anderson News and Source Interlink has Anderson saying that it is suspending operations immediately. Mediaweek says the wholesaler indicated “that it would continue talking with publishers and retailers to find a way to stay in business, but that it had no choice but to cease operations to staunch years of financial losses.” There is no clear word on whether the move has any effect on Anderson’s handling of mass market books.MediaWeek Competitor Source Interlink dropped its demand for a fee of seven cents per magazine […]
