Readers feel squeezed, but so far sticking with high-end glossies

While a pessimistic pall seems to hang over the magazine industry in some quarters, there is a view that one of the things that will save some magazines in times of tight money and advertiser skittishness is the tight relationship they have with their readers. An article in the Observer, from Britain, suggests that not only are magazines good value, but that readers will be reluctant to give them