Home Finds Permanent Shelter… in Mothballs

The slow death of the shelter magazine category continues with today’s announcement by Hachette Filipacchi Media U.S. that Home will suspend publication after its October issue.

Jack Kliger, president and CEO of HFM U.S., broke the news in a statement:

“It is difficult to close a magazine, particularly when it means that some of our colleagues’ positions will be affected. 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. When the middle market recovers, we will consider future publication of HOME using the special interest publication newsstand model.”

HFM U.S. TO SUSPEND PUBLICATION OF HOME MAGAZINE WITH THE OCTOBER ISSUE

New York, NY (August 20, 2008) — Jack Kliger, President and CEO, Hachette Filipacchi Media U.S. (HFM U.S.) announced today that due to the steep decline in the middle market for the shelter category the company will suspend publication of HOME magazine with the October issue.

“It is difficult to close a magazine, particularly when it means that some of our colleagues’ positions will be affected. 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. When the middle market recovers, we will consider future publication of HOME using the special interest publication newsstand model.”

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