WebMediaBrands (formerly JupiterMedia) has closed its two bi-monthly design magazines, Dynamic Graphics+Create and Step Inside Design, Folio reports. Eight of the nine employees who produced the magazines lost their jobs.
WebMediaBrands CEO Alan Meckler tells MediaJobsDaily, “We are putting greater emphasis on the Web and we felt now was the time to move these titles exclusively online.” Meckler hinted at an online expansion of WebMediaBrands’ Graphics.com business through an acquisition, perhaps as early as this week.
The magazines’ circulations were between 20,000 and 25,000, and before the closings, Meckler told Folio, the company planned to merge the magazines together into one publication called Create.
Instead, given that 98 percent of the revenue of the magazines came from online, Meckler said, the titles have been moved onto the ‘Net. (If that figure’s accurate, WebMediaBrands needs to share its secret with the rest of the media world.)
Disclaimer: MediaJobsDaily is part of the medabistro.com blog network. Mediabistro is a subsidiary of WebMediaBrands.
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