Conde Nast suffered another blow today with news that Flip.com, their online social-networking/scrapbooking site aimed at teenage girls, was shutting down effective December 16. Users received an email earlier today (read after the jump) alerting them to the closure and suggesting that if they have “any flipbooks that you would like to save before this date, we suggest you print them.”

Conde spent a lot of money to purchase the site back in early 2007 and in 2008, in an attempt to broaden its audience, began advertising on Facebook. Conde Nast has not been having an easy time of it, back in October editors were told they had to cut their staffs and budgets each by five percent — Men’s Vogue and Portfolio were subsequently downscaled. Calls to Flip.com’s spokesperson regarding the reasons for the closure have not yet been returned.

Dear Flipster,

We are sorry to tell you that Flip will be closing on Tuesday, December 16.

If you have any flipbooks that you would like to save before this date, we suggest you print them. It’s easy; go to the flipbook and click on the Print button just below it.

Thank you for your dedication to Flip and for making it an exceptionally creative community. Also, please visit our sister site, TeenVogue.com.

Flip Staff