Conde Nast Shutting Down Gourmet Magazine
This is far, far worse than even we dared to predict. As the New York Times' Diners Journal blog reports, Gourmet magazine "will cease publication after the publication of its November issue."
Gawker has an internal memo: "Gourmet magazine will cease monthly publication, but we will remain committed to the brand, retaining Gourmet's book publishing and television programming, and Gourmet recipes on Epicurious.com. We will concentrate our publishing activities in the epicurean category on Bon Appétit."
Mediaite has a memo from Conde Nast Digital: "In regard to Cookie.com and Gourmet,com, the sites will remain up at least through the end of the year."
Ruth Reichl tweets: "Thank you all SO much for this outpouring of support. It means a lot. Sorry not to be posting now, but I'm packing. We're all stunned, sad."
Condé Nast Chief Executive Chuck Townsend tells the WSJ: "We've been working with those titles in addition to others titles to maximize their financial health in this economy... And unfortunately, these titles just fall below the line. We can't sustain them."
Colman Andrews tweets: "Condé Nast, which has set so many standards for the magazine industry for so long, ought to be ashamed. You don't kill a heritage brand because you have a bad year. But this whole affair raises another point: the cut-rate-subscription, make-your-bucks-from-advertising model for magazines just doesn't work anymore, and shouldn't. Wake up, magazine publishers! Value your product and charge us for it!"