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Posts Tagged ‘Doubledown Media’

Doubledown Media Shuts Down Operations

Trader_monthly_COVER2.jpgFolio is reporting that Doubledown Media, the publisher of magazines aimed at the “working, wealthy men” of Wall St. including Trader Monthly, Dealmaker, Private Air, and Corporate Leader, has shut down. According to the memo sent out by Randall Lane to staffers,

I cannot begin to convey how heartbroken we are. These are unprecedented times: the combination of the media depression, the Wall Street implosion and the credit slowdown were collectively too much for our company — probably any company in our shoes — to overcome.

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Magazines Following the Money to Dubai

Yellow_Brick_Road.jpgMore than once in the last two weeks people we’ve talked to who know about these things have told us the financial capital of the world decamped to London a while ago and is now headed for Dubai. And it looks like parts of the media world may be following suit.

WWD is reporting that Doubledown Media (their homepage says they “reach over 2.5 million working, wealthy men”) has announced it has already been printing Trader Monthly in Dubai and intends to launch Dealmaker there as well.

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