$10 Million Man to Launch New Travel Magazine




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Summary: NEW YORK (AdAge.com) -- We may be suffering through what is possibly the worst economic crisis in the modern history of the magazine industry, but Greg Sullivan is not deterred. He is plowing $10 million of his own money into the Fall launch of a new ad-supported travel magazine called "Afar." Making his project all the more interesting is the fact that he has no experience in publishing. He previously made a lot of money in the arcade game and car rental businesses.