GateHouse closes a magazine and saves a BUNDLE

Idiots in action:

In yet another example of the collapse of the print industry, Cape Cod VIEW, the ten-year-old, glossy lifestyle magazine published by The Cape Cod Times, will be closed down after the current edition.

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A more cynical view is that the Times' new owners, GateHouse Media, are simply continuing their efforts to trim expenses after laying off 17 staffers, cutting content and raising the newsstand price a month ago.

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GateHouse will soon realize that the most valuable part of the Cape Cod Times is its property on Main Street in Hyannis.

Here's an idea that GateHouse ought to consider: Close EVERY SINGLE PUBLICATION THEY OWN. That way they don;t have to pay ANYBODY. And think of the tax breaks!