I was talking with an editor of a Southern magazine publication yesterday (the mag had agreed to review an ARC) and the conversation came up regarding magazines and low profit margins, etc.
Later, by chance, I was thumbing through an OLD text of Southern literature when I came across a short bio of O. Henry( William Sydney Porter). Born in Greensboro, North Carolina he migrated to Texas where he purchased a magazine (The Rolling Stone). Also working as a bank clerk, he found it necessary to help himself to bank funds to subsidize his struggling magazine.
For this love of literature he did three years in prison in Ohio.
Just a bit of trivia for the literary-curious.