Magazine industry rocked as Bauer Media axes eight titles due to coronavirus pandemic

Eight Australian magazines will disappear from newsstands as financial stress from the coronavirus pandemic continues to hurt the media industry.The axed titles are Harper's Bazaar, Elle, OK!, Men's Health, Women's Health, Good Health, NW and InStyleThe axing comes after Bauer Media Australia was officially sold last week

In making the announcement, Bauer Media Australia cited declining advertising revenue and travel restrictions as major factors in the decision. Harper's Bazaar, Elle, OK!, Men's Health, Women's Health, Good Health, NW and InStyle are the titles that will no longer be published.The chief executive of Bauer Media Australia and New Zealand, Brendon Hill, said the uncertain future made the publications unviable."No-one could have anticipated the swift, widespread and ongoing impact of the pandemic on our business and industry.

The company then announced it would be sold to Mercury Capital — a deal which was completed on July 15.

kazstar99 oh no! how will they spread their gossipy lies with only woman’s weekly!?

Sad, but weren't magazines on the way out anyway...?🎶 'Social media killed the magazine star...' 🎶 (To the tune of...:

consumer pays model....

I only miss cartoon books that used to come in colour once upon a time.

Sorry, I didn't realise magazines still exist.

So not to do with biased partisan journalism getting way out of hand like with the ABC recent cuts

I stopped buying that garbage after they killed Diana.

What a loss. To be fair, Taste was ok, but worth losing it to get rid of the rest.

Thank god the 4WD mags are saved

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NW, OK! Elle, Harper's Bazaar, Men's Health, axed by magazine giant BauerMagazine giant Bauer is axing EIGHT of its best known titles, including Harper's Bazaar and NW, as the pandemic recession takes a heavy toll on the publishing industry. Details here: 9News | Nightly at 6.00pm Celebrities are over TheGreatAwakeningWorldwide Don't sweat it nickpearson87 you still have dolly to read while your waiting for a copy paste article on Trump to come up Get rid of them all, save the trees, the CRAP that goes into those magazines ain't worth the paper your company is wasting.
Source: 9NewsAUS - 🏆 10. / 72 Read more »