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Article: Metropolitan Home magazine to close
- Article from:
- AP Worldstream
- Article date:
- November 10, 2009
- Author:
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Metropolitan Home will cease publication with its December issue, the latest home decor magazine to succumb to the industry's advertising slump.
The magazine, owned by Hachette Filipacchi Media U.S., had a circulation of a little more than 560,000 at last count.
But the number of ad pages the magazine sold in the third quarter fell almost 36 percent from the previous year, according to the Publishers Information Bureau.
The long recession has put a crippling dent in marketing budgets just as print faces intensifying competition on the Web, forcing magazine owners to trim costs and shutter ...