The nearly last of the true New-Economy believers, Red Herring, is being shopped around after restructuring in December, reportedly for a $2 million asking price–when its owners once apparently rebuffed offers of 100 times that by Time Inc. (before Time bought Business 2.0.

Herring once boasted issues with 682 pages(that's a lot of lutefisk). I don't know how many pages it is now; I let my print subscription lapse long ago, around the same time Rafe Needleman got the heave-ho (though there's no particular connection between those two events).

RH survived the demise of Upside and The Industry Standard, but is apparently destined for the recycling heap. Fast Company and Wired seem to have transitioned from the New Economy zeitgeist with some pain, but in better shape than the spawning redfish, which now appears to be completing its lifecycle. Maybe they should have called the magazine “Red Salmon”–it seems to be getting devoured by the Bears like one.