A familiar foe is once again threatening the future of many U.S. magazines and newspapers — and it’s not the Internet. The U.S. Postal Service’s recent proposal to hike postal rates has print publications even more worried about their future.
The USPS is asking the Postal Regulatory Commission to approve emergency rate increases in order to help offset a $7 billion deficit this fiscal year, which ends in September. But the rate increases, which would be the third price hike to hit periodicals since 2007, may put dozens of already struggling independent and alternative print publications — like In These Times — in jeopardy. They would balloon publications’ postage costs at a time when raising subscription prices and expanding ad revenue is basically out of the question.
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