From Crain’s Manchester Business website
“Business publisher Crain Communications Inc today announced the closing of Crain’s Manchester Business…
“... ultimately the limited support from key advertising sectors has made the project unsustainable,” said Chris Crain, senior vice president.”
Not just advertisers giving limited support was it though Chris? The last ABC return submitted showed that fewer than 1500 people were prepared to pay for the product. If no one wants to buy it, why should anyone want to advertise in it?
Another one bites the dust with RBI. Personnel Today will drop its weekly print edition from 29 June to go online only according to Press Gazette. This is a further reflection of the fact that advertising losses in print are structural rather than cyclical and that the controlled circulation B2B model is broken. Publishers’ hopes that B2B and recruitment advertising would return to their printed products as the economy staggers its way out of recession are increasingly forlorn.
Champs-Elysees, the publishers of foreign language ‘audiomagazines’ Champs Elysee, Schau ins Land, Puerta Sol, Acquerello Italiano and See you Jimmy*, have ceased trading, leaving a slew of unhappy subscribers.
According to this post, the problems seem to stem from an unresolved court case in that Paris of the deep South, Nashville, Tennessee.
Au revoir, adios, arriverderci, auf wiedersehen, goodbye.
*I made this one up
The Erotic Review’s circulation has gone so soft that it’s ditching its print version to go ‘online only‘. No problem about competition there then.
First casualty of the MMC collapse, Trojan Publishing has been liquidated by its parent Interactive Publishing and their website shows a white screen. Mind you, Interactive’s site isn’t much better having not been updated since last August.
Interactive have offloaded some of their other titles. More on this shortly.