Darn it! ..one of my fave magazines has hit bottom and is no more..waaah
Where are we going to find cool decorating ideas now?And I was "supposed" to have a subscription to this until 2010..waaah.
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Here's the latest scoop.
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January 08, 2009 2:10 PM
Meredith closes Country Home, lays off 250
Moves some departments from New York to Des Moines, Iowa.
Meredith Corp. on Thursday laid off 250 more employees, shut down Country Home magazine and relocated some creative functions to its Des Moines, Iowa, headquarters from New York. The moves by Meredith, publisher of magazines including Ladies' Home Journal and Better Homes & Gardens, follow cuts last June in which the company axed 60 full-timers and eliminated another 60 open positions.
Steep decline in ad pages"The recessionary economy has impacted both publishing and broadcasting advertising, which accounts for approximately 60% of our revenue stream," President-CEO Steve Lacy said in a statement after employees had been told the grim news. "Trends indicate a continuing soft economy into calendar 2009 as well."
Country Home's paid and verified circulation had held steady at nearly 1.3 million copies, but the recent meltdown in the housing markets savaged its ad-page sales. They sank 25% last year, according to the Media Industry Newsletter. Its 40 employees were counted among the 250 left jobless today. The cuts were across all departments. Before Thursday’s cuts, Meredith's corporate fact sheet said the company employs more than 3,500 people.
Web site to go darkIts Web site, CountryHome.com, will go dark along when the print edition shuts down after the March issue. The magazine began as a special-interest publication, evolving into a regular subscription title in 1984.
Country Home is only the latest magazine to quit print amid recessionary pressure and mounting challenges from new media.
Meredith closes Country Home, lays off 250
Moves some departments from New York to Des Moines, Iowa.
Meredith Corp. on Thursday laid off 250 more employees, shut down Country Home magazine and relocated some creative functions to its Des Moines, Iowa, headquarters from New York. The moves by Meredith, publisher of magazines including Ladies' Home Journal and Better Homes & Gardens, follow cuts last June in which the company axed 60 full-timers and eliminated another 60 open positions.
Steep decline in ad pages"The recessionary economy has impacted both publishing and broadcasting advertising, which accounts for approximately 60% of our revenue stream," President-CEO Steve Lacy said in a statement after employees had been told the grim news. "Trends indicate a continuing soft economy into calendar 2009 as well."
Country Home's paid and verified circulation had held steady at nearly 1.3 million copies, but the recent meltdown in the housing markets savaged its ad-page sales. They sank 25% last year, according to the Media Industry Newsletter. Its 40 employees were counted among the 250 left jobless today. The cuts were across all departments. Before Thursday’s cuts, Meredith's corporate fact sheet said the company employs more than 3,500 people.
Web site to go darkIts Web site, CountryHome.com, will go dark along when the print edition shuts down after the March issue. The magazine began as a special-interest publication, evolving into a regular subscription title in 1984.
Country Home is only the latest magazine to quit print amid recessionary pressure and mounting challenges from new media.
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Aaah..well..Life does go on..but there goes some nice "eye candy" out the window. :0( and some pretty nice decorating ideas too.
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At least there are still some very nice one's around like: "Romantic Country"..and a few others...as far as home decor magazines go.
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~The Garden Goose~
11 comments:
what a shame.... enough bad news, huh?
Tina you are a fount of information, I too have a subcription to that mag. and had no idea it was done for. Thanks for the heads up. Hope you are doing well. TTFN
I subscribe to Cottage Living and last week I received a letter that they are no longer going to publish, either.
Gee that's such a shame!!! It's hit very close to home for me, my husband and his son's business of over 40 (for him) yrs is having to give up the shop they've been leasing...rent went over the top, and business is so slow!! If I wore a belt I'd have to pull it in 6 inches...Ouch!!! Bevie
Hey there Miss Tina. Well, that is sad news indeed, I didn't realize they were right here in the city. Life is getting more *interesting* by the day.
Oh well. Better Homes and Gardens has some decent decorating ideas on their website, including decorating with thrift store finds and old cottage style (if you like that). Perhaps now that Country Homes is gone, BHG will pick up the slack and do more on that type of decorating, too. Nobody's going to let an untapped market just sit.
OH NO!! That is truly one of my faves too, and like Wanda I have a subscription and had no idea.....sigh!
I feel like that about magazines. One of my favourites went away, now it is published in seasons.
I have an award for you.
http://remotetreechanger.blogspot.com/2009/01/lovely-award-or-two.html
I am very bummed about it too!!! :(
OMGoodness... Tina
I wasn't aware of this... one of my FAVORITES! Alot of changes have been taking place here also... Some that I am not to happy about, but in this day 'a girl has to do what a girl has to do'.
Thank you dearly for stopping in to visit with me. Sorry, I haven't been by very often. Looks like you sure have alot going on... I hope you the best in 2009.
Blessings, Pamela
Thank you for your sweet comments!
I'm disappointed to have recently found out about M.E. Home Companion going under as well :( There is so much garbage out there being printed I wish the good and inspiring publications could make it!
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