Cosmopolitan will close its doors on 1 May

Cosmopolitan will close its doors on 1 May

Cosmopolitan will close its doors on 1 May

Cosmopolitan, Good Housekeeping, House & Leisure and Woman on Wheels, which all fall under Associated Media Publishing, is closing its doors

permanently on Friday 1 May, due to the “devastating” impact of Covid-19.  The lockdown has resulted in the closure of printing and all distribution channels.

 

“This is the most difficult decision I have ever had to make. We never thought this day would come, but we are left with no choice,” the publishers CEO, Julia Raphaely

said in a statement released on Thursday.

 

In 1982, Associated Media Publishing was launched by magazine publisher Doyenne Jane Raphaely, who later hander over the reins to her daughter Julia.

 

There has been a global fall in advertising spending, with media companies also not able to earn money by hosting any events.

 

Source: fin24

Photo Credit: Unsplash


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