Canadian Magazine Industry News
14 November 2012, TORONTO
TC Media to close More and Vita magazines
TC Media has announced it is closing More and Vita magazines "as part of its strategy to build on its core multiplatform consumer brands."
The December/January 2013 issues of More — "for grown-up women with smarts" — and the French-language version Vita will be the last printed issues of the magazines, and the websites will be closed over the coming weeks, said a statement issued late Wednesday afternoon.
More and Vita were launched in 2007 and 2008, respectively. "While the brands resonated well with readers, the challenging economic climate that prevailed for the two years following their launch made it difficult for the young publications to gain the advertising sales needed for long-term success," noted TC Media. "As part of its plan to retain its best talent, TC Media will, where possible, redeploy its sales and editorial staff on other core brands internally."
The publisher says its strategy involves investing in the development of its flagship titles including Coup de pouce, ELLE Quebec and ELLE Canada, which recently underwent redesigns – as well as Canadian Living, which will be revamped in 2013. This plan also involves the strategic introduction of new multiplatform media brands such as Fresh Juice, along with the upcoming release of numerous digital editions, said TC Media.
The December/January 2013 issues of More — "for grown-up women with smarts" — and the French-language version Vita will be the last printed issues of the magazines, and the websites will be closed over the coming weeks, said a statement issued late Wednesday afternoon.
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The publisher says its strategy involves investing in the development of its flagship titles including Coup de pouce, ELLE Quebec and ELLE Canada, which recently underwent redesigns – as well as Canadian Living, which will be revamped in 2013. This plan also involves the strategic introduction of new multiplatform media brands such as Fresh Juice, along with the upcoming release of numerous digital editions, said TC Media.
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Jaded says: | |
Wow, Torstar really seems to be on a mission to bankrupt one magazine after another.... |
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Lorene Shyba says: | |
Full of terrific information, Thanks!... |
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Your post was so painful to read its value is lost.
Very, very sad.
These books were four and five years old, so they're hardly "new."
And look at what's happened in the media world -- and options for media buyers! -- in that period.
I share your concern for the people affected, but isn't it possible that these books were just no longer competitive/viable, or maybe they were not distinct enough in the first place?