Boilermaker Rick wrote:
http://www.shermanreport.com/qa-with-hub-arkush-on-what-happened-to-pro-football-weekly-and-how-brand-still-might-return-in-some-form/Quote:
In this marketplace, I don’t see how you can make it as a magazine.
So, he seems to have put Pro Football Weekly in bankruptcy to lose the $8.5 million in debt and then recreated a very similar product.
http://profootballtalk.nbcsports.com/2013/05/31/46-year-run-ends-for-pro-football-weekly/I wouldn't be too happy if I was one of those guys on the hook for the $8.5 million.
Not the first time he has done this. Seacrest already went to the mat to defend this guy for making the effort and I am all for giving someone credit for going for any business venture on their own, nothing is tougher, but Hub took over an existing business and ran it into the ground a few times, with numerous investors giving him money a number of times until the debt just got too big.
Such choices as "not going to the internet" until like 2013, might not have been such a great business move.
Some think Hub is a good reporter, writer, commentator, etc and maybe he is if you like him, but you would think at this point he has learned he is a bad businessman and he cant do both.