Top Story

e4m_logo.png

Home >> International >> Article

International: Time Inc. closes Asiaweek magazine

30-November-2001
Font Size   16
Share
International: Time Inc. closes Asiaweek magazine

Time Inc. will cease publishing Asiaweek magazine this week. The announcement was made to staff on Nov. 29 by Peter Brack, the magazine's president, who blamed exceptionally difficult market conditions and the aftermath of Sept. 11. The magazine employed 80 people throughout the region.

"Our staff's passion, dedication and enthusiasm, which succeeded in creating a far better magazine earlier this year, have been truly impressive -- and certainly made this decision even more painful," says Mr. Brack in Hong Kong.

Don Logan, chairman and CEO of Time Inc., adds: "As a normal part of the process, we periodically review every magazine's performance and its long-term business prospects. Having recently completed this critique, we've decided to stop publishing Asiaweek."

Tags

Rajat Sharma who was recently elected as President of the NBA talks about his plans for the industry body

The Country Sales Manager Media at Akamai says that technology seems to be taking over all possible spaces and people considering it in both positive and negative ways

The India Marketing Lead of Skyscanner believes that with the acquisition by Ctrip they have reached the market leader status

Our typical marketing budget is usually 10 per cent of the topline spend

The BBC carried out a survey along with Globescan to see how the world looks at the issue of ‘fake news’

The objective of content marketing is not just to encourage product purchase or generate ROI. The key to its success lies in building relationships based on trust, opines Dasgupta

The interesting animated rap music video encapsulates Droom’s ecosystem tools and their role in facilitating second-hand automobile transactions