Hachette is folding Metropolitan Home magazine. Its December issue will be its last.
I heard rumors this morning, and now it has been confirmed in a press release.
It is with a feeling of sadness that I make the announcement to close one of our magazines," says Lemarchand. "However, we believe the best strategy in the upscale shelter segment is to boldly focus our resources and investment on ELLE DECOR, which is the ad-page leader within the U.S. market. Despite the downturn in ad pages that has affected all magazines, the ELLE DECOR brand has multiple opportunities for growth across all platforms."
via decorno
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