Source Interlink loses for the first half, shutters three titles

Source Interlink, the distribution giant which a little over a year ago bought Primedia's enthusiast titles, recently reported a net loss of $296.7 million for the six month period ending July 31, compared to a $4 million net income for the same period last year. As result, says a story in Folio:, the company has folded three titles. Net revenue for the period was $1.1 billion, up from $909