A few years later the magazine fell into decline, and Pletnyov handed it over to Nikolay Nekrasov and Ivan Panaev in 1847. It was Nekrasov who really made the magazine profitable.
After some time, the magazine's circulation decreased, and Pletnyov handed it over to Nikolay Nekrasov and Ivan Panaev in 1847.  It was Nekrasov who successfully turned the magazine into a money-making venture.