Editor’s Note: Please note that this publication, Scrapbook Update, is a privately-owned website that is not affiliated in any way with Meredith Corp or Scrapbooks Etc. We are simply reporting on a news story affecting the scrapbook industry and are not affiliated in any way with the companies that we are reporting on.
Meredith Corporation announced today that Scrapbooks Etc magazine will be ceasing publication after its August 2012 issue. The move has shocked industry observers, as the magazine’s circulation numbers have been the strongest in the industry over the past several years, based partially on its leveraging of strong newstand placement.
The announcement was made via a post by editor Michelle Rubin to the magazine’s blog. The blog posting said the closing decision by Meredith was made because “due to the longer term business forecast for the franchise and the industry, the corporation has chosen to cease publishing within this marketplace.”
The final issue of Scrapbooks Etc, August 2012, will go on sale June 19th and be available through August 14th. The magazine’s website will continue to offer content through that time period in support of the print issue.
There is no word from Meredith at this time regarding the fate of unfulfilled issues on subscriptions, but it is standard industry practice in magazine publishing that a publisher will either sell the subscriptions to a rival magazine title to be filled, or fill the remaining issues of subscriptions with another title from their own portfolio. [Read more...]