As a charter P&T subscriber I take this as very bad news. Dayton is a passionate pipe collector and P&T reflected that. I just can't believe that a trade magazine publisher will be that interested in a glossy quarterly hobby magazine with a tiny subscription base. 8O
You would think P&T turned a profit, else why did it last as long as it did. Thus it would seem that it isn't as profitable as its new owner wants it to be to justify the corporation's minimum requirements.
For quite a long time, P&T was a labor of love and commitment on the part of the publishers and the community.
This hobby is too small to support a four-color, glossy magazine, even with very loyal advertisers and subscribers.
We’re lucky we had it as long as we did.