Domino Magazine to fold:
FOR IMMEDIATE RELEASE January 28, 2009 CONDÉ NAST TO CEASE PUBLICATION OF DOMINO AND ITS WEBSITE, DOMINOMAG.COM New York, NY, January 28, 2009 --
Domino magazine will cease publication, it was announced today by Charles H. Townsend, President and CEO of Condé Nast. The final issue will be published in March 2009. “This decision to cease publication of the magazine and its website is driven entirely by the economy,” Mr. Townsend said. “Although readership and advertising response was encouraging in the early years, we have concluded that this economic market will not support our business expectations.” Domino was launched in April 2005. The magazine’s current ratebase is 800,000. Condé Nast, a unit of Advance Publications, includes twenty-three consumer magazines, Condé Nast Digital, the Fairchild Fashion Group, Parade, the Condé Nast Media Group, and the Shared Services Centers.
Active Endeavors Website closing
I admit I saw both of these coming but that doesn't make the official news irrelevant. I suppose my buying habits are being influenced significantly by the reality of the economic moment. My Saks sale binges in November feel so distant and remote from how I feel now about buying. Though I guess the holiday shopping season enables consumption habits to increase significantly.