Canadian wireless cable, internet and media group Rogers Media (which two months ago laid-off 75 full-time staff members from its eight magazines including the 113-year old 200k-circulation current affairs brand Maclean’s, the 250k-circulation best-selling women’s magazine Chatelaine, Today’s Parent, and Hello! Canada) is now planning to get out of magazines altogether. It is assumed that a buyer will be found for the magazines (acquired through the 1994 acquisition of the Maclean Hunter media group) which together employ some 150 people but it is believed the company will otherwise close them. In June this year, the $14bn-revenue Toronto-based Rogers Media said: “We have to reinvent the publishing business for the digital age. We haven’t done enough to do that. We’re going to take our best crack at it.” Well, that didn’t take long.
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Canadian magazines on the block
