May 7, 1998

In 3MR:

Wired Magazine Sale Leaves HotWired in the Cold

Word comes from the San Jose Mercury News that a sale of Wired magazine is imminent to Miller Publishing Group, which owns Spin, Vibe and other mags. The future of Wired Digital remains unclear, keeping it in the lead in the DeathRace.

While we at 3MR reported on possible layoffs a while back, what we meant to report was: Wired magazine will be bought, then Wired Digital will lay off lots of people. Of course, we could be wrong again, but that's the fun of covering Wired when rumor and innuendo rule the Digital Kingdom.

[We were wrong: Wired was sold to Advance and added to Conde Nast's stable. Wired Digital is independent.]