The magazine industry was dealt another blow today with news glossy women’s magazine Madison will be shut down after their June edition.
The decision by Bauer Media was announced in a statement released today by Bauer’s Australian chief executive Matthew Stanton.
The decision to close a title is never easy but after recent and lengthy discussions with our joint venture partner, Hearst Magazines International, the conclusion was sadly drawn that for Madison to continue was no longer a commercially viable option," says Stanton.
I would like to express my respect for the Madison team for the way in which they continued to deliver a wonderful product while rumours of closure swirled around them. They should be proud of their professional and committed effort.”
The last edition of the magazine will be released on May 15, with the website decommissioned on June 18.
