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Breaking: Hachette Shutters Metropolitan Home
Publisher Hachette Filipacchi Media U.S. announced it will cease publication of the shelter magazine and focus its energy in the category solely on Elle Decor. President and CEO Alain Lemarchand said, "It is with a feeling of sadness that I make the announcement to close one of our magazines. However, we believe the best strategy in the upscale shelter segment is to boldly focus our resources and investment on Elle Decor, which is the ad-page leader within the U.S. market." Metropolitan Home and Elle Decor had comprised HFM U.S.'s Luxury Design Group led by Deborah Burns, who will remain with the company. As a result of the closure, Elle Decor will now become part of the ELLE Group. Full press release, after the jump. New York, N.Y., Nov. 9, 2009 -- Alain Lemarchand, President & CEO, Hachette Filipacchi Media U.S. (HFM U.S.) today announced that the company will discontinue publication of Metropolitan Home magazine with the December 2009 issue as the last edition. As a result of the closure, ELLE DECOR will become a part of the ELLE Group led by Carol Smith, SVP, Chief Brand Officer, ELLE Group. ELLE DECOR's editorial mission reflects its fashion heritage as the sister publication to ELLE and its international design perspective as the largest of 25 ELLE DECO editions worldwide. Margaret Russell, VP, Editor in Chief, Brand Content of ELLE DECOR, and Barbara Friedmann, VP, Brand Publisher of ELLE DECOR, will both report to Smith.
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Turning the Page For New York Media
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