It appears that the down economy has claimed another victim: Home magazine.
Hachette Filipacchi Media U.S. today announced that it is suspending publication of the shelter title, effective with the October issue, citing steep declines in the middle market for the shelter category.
"It is difficult to close a magazine, particularly when it means that some of our colleagues' positions will be affected," Hachette president and CEO Jack Kliger said in a statement. "I want to thank the very talented editorial and sales teams for years of hard work and dedication to this brand.
"The current economic environment is difficult, and the mid-market home sector has been particularly hard hit," Kliger continued. "When the middle market recovers, we will consider future publication of Home using the special interest publication newsstand model."