The bad news just keeps on coming for the print publishing business with word that Disney Publishing Worldwide has closed Wondertime, its fledging parenting magazine. Disney cited the challenged economic climate in its decision.
Meadiweek has more on this at their website. There is no news on the future of the Australian edition published by ACP Magazines. I know I bang on about this but it’s important – newsagents need magazine fixturing which will allow their businesses to evolve as magazines go through a transitional phase. I can’t see any reason for a shopfitter to build magazine fixturing in this marketplace.
If I can invent an acronym here,
GIMNAB
Good idea magazines that nobody actually buys.
Groovy Grandmas
Empowerment Magazine
Seniors guide to computing
Any of the environmental magazines…
Cameron it’s a challenge for the publishers I ma sure. The problem for enwsagents is that we become their defacto partners, providing working capital often for little return.
Mark