Nickelodeon Shutters Two Kids Magazines
Posted on June 17, 2009
Viacom's Nickelodeon network is ceasing publication of its Nick and Nick Jr. magazines. Nicklodeon's ad pages fell 27% last year according to data from the Publishers Information Bureau.
Mediabistro says the titles will close by the end of the year. The recession as well as the tough print magazine climate were blamed for the closing of the two kids titles.
An internal memo sent by Cyma Zarghami, president of Nickelodeon/MTVN Kids, said, "As I am sure everyone knows, the magazine publishing industry as a whole is severely challenged, and because of that, we have decided to exit the magazine business and will cease publishing them by the end of this year."
It has been a very familiar story this year for print magazines and newspapers. Magazines continue to fold and editorial jobs continue to shrink.