20 March 2019TI Media today announces it has entered into consultation with staff on the proposed closure of Now magazine. If the outcome of the consultation is closure, the final issue of the magazine will go on sale on 2 April 2019.
Angie O’Farrell, group managing director, lifestyle and women’s weeklies at TI Media, says: “The changing dynamics of the celebrity market – with consumers increasingly getting their fix of celeb news and gossip from other sources that can break stories immediately - means this audience is buying fewer and fewer magazines. As recent closures highlight, this is putting the celebrity market under relentless pressure. Now’s circulation has been falling steadily over the past five years and with that decline forecast to continue, alongside a drop-off in advertising revenue, the title is simply no longer sustainable. It’s on this basis that we’re proposing to close Now and focus on the remaining titles in our Life & Style portfolio.”
The celebsnow.co.uk website will continue to be live.
Now magazine launched in 1996.
For more information, please contact:
Paul Phillips, Head of Communications, TI Media on 020 3148 5407 or email firstname.lastname@example.org
Holly McNally, Communications Manager, TI Media on 020 3148 5405 or email email@example.com