Book Magazine is going out of business. “The magazine, which was founded in 1998, has lost more than $1 million this year and needed more cash. Barnes & Noble, which invested $4.2 million in the publication in 2000 and gave the operation a loan of $2.5 million a year later, has decided to make no further investment.” The magazine once had as many as 1.4 million subscribers, but only because B&N gave free first-year subscriptions. Lately its subscriber base was only 150,000.