What doesn't make sense to me is that The Atlantic supposedly became profitable a couple of years ago -- see http://www.nytimes.com/2010/12/13/business/media/13atlantic.... -- which, if true, means they didn't actually need to do this!
After a few gimmicks run their course (e.g. using teams and friends of teams from The Atlantic to "digg" stories on HN for you to uptick visits while pages per visit plummet) in about 6 months the entire sales and/or product teams perform brutal "reshuffles".
For those in the vicious swirl, it is common practice to have a nicely fleshed out LinkedIn account at one's immediate disposal.
The sad irony is that it is the print medium and its advertising legacy (much like TV) brings in much larger sums of revenue overall. But the overhead costs overtake it dramatically. These days it feels very much like vinyl: better quality, but the law of diminishing returns is in full swing.
Things change fast.
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