Friday, January 9, 2009

Magazine Death Watch (2009-1)

Link to January 8 New York Times article, "Meredith Dismisses 7% of Its Workers and Closes Country Home Magazine".

Excerpts:
The Meredith Corporation shut one of its magazines, Country Home, and dismissed 7 percent of its employees on Thursday, adding to a long list of closings and downsizings in an industry battered by falling advertising.

Country Home began as an occasional publication from Better Homes and Gardens, became a stand-alone magazine in 1986, and grew to a robust circulation of almost 1.3 million. But like other shelter magazines that closed recently, including O at Home from the Hearst Corporation, and Cottage Living from Time Inc., it suffered as the recession led consumers and advertisers to cut back on spending.

No comments: