So the rumor—which is still, we should note, just a rumor—is that listings-and-more magazine Time Out New York is in financial trouble. Tipsters say the money trouble is a result of bad investment decisions by management. But TONY has even bigger problems: its entire business model is built on quicksand.
TONY is light on content and heavy on listings. That's probably not going to change significantly. So consider what they're up against: