Bauer Media has announced today that it is suspending publication of more! magazine, which has run for 25 years.
In a statement on the website, it was announced “The magazine has constantly evolved in order to remain relevant to its audience but continuing challenging economic conditions mean that the product is no longer viable.
“The decision to suspend publication has regrettably been made with effect from this week’s issue, published on Tuesday, 23 April.”
The Drum is waiting to hear back from Bauer Media about how many staff this will affect, and whether they will be moved to other Bauer publications.
UPDATED: The Drum has been informed that the more! team is now in consultation, and where possible, staff will be refocussed within Bauer.
Bauer Media chief executive, Paul Keenan commented: “The prospect of continuing challenging economic conditions has led us to reach this decision as the title has become unviable.
I greatly appreciate the outstanding efforts of [more! editor] Chantelle Horton and her talented more! team and I’m sure that everyone who has worked on more! over the years – many of whom have gone on to build fantastic careers - will be sorry to hear this news. more!’s sense of fun, cheekiness and irreverence will be missed.”
The July-December ABCs showed that the magazine had a weekly circulation of 92,459.