The India edition of ‘Entrepreneur’ magazine, which was launched in the country in September 2009, is all set to shut down. The May 2014 issue of ‘Entrepreneur’, which will be on stands by the end of this week, will be the last issue for the magazine in India.
The India edition of ‘Entrepreneur’ was licensed by Infomedia18, the then publishing arm of Network18, from Entrepreneur Media Inc, the franchise holder for the Entrepreneur title across geographies. Infomedia18’s publishing business was demerged and consolidated within Network18 under Network18 Publishing in July 2012.
It is learnt from industry sources that due to some strategic and business reasons, Network18 Publishing has chosen to not renew its license with Entrepreneur Media Inc.
‘Entrepreneur’ was launched in India as a monthly magazine with a cover price of Rs 75. The magazine has been distributed across the country through Network18 Publishing’s distribution network.
‘Entrepreneur’ has been in print for close to 40 years in the US.