Antique Papers Sold, eBay Cuts Jobs
The AntiqueWeek, AntiqueWest, and Auction Exchange newspapers have all been sold by their London owners, dmg World Media. Dmg also sold the London Antiques Trade Gazette. No word yet about who the buyer is. At least four antiques publications have been sold or discontinued this year, but online publications are popping up.
EBay has announced it will cut 1,600 jobs. EBay says it is not a reaction to the changing economy but part of a plan for future growth.