Six Famous Publishing community titles are closing with immediate effect, Media24, which owns Famous Publishing, announced today. The titles are The Parks, The North, Randburg Life, Living in Fourways, Center’d and Due East.
“Although popular with our readers, the titles unfortunately failed to gain advertising traction at the levels we projected when we launched,” said Tim Lombard, MD of Famous Publishing.
“The closures will result in the loss of 12 positions. Some staff members have accepted voluntary severance packages, and we’re trying our utmost to accommodate the rest elsewhere in the company.”
For now, Lombard said, Famous will continue to focus its efforts on its core, successful portfolio in KwaZulu-Natal: The Ridge, The Crest, Maritzburg Life, Business in Durban, At Home and PIVOT.
Lombard thanked loyal readers and advertisers for their support.
Want to continue this conversation on The Media Online platforms? Comment on Twitter @MediaTMO or on our Facebook page. Send us your suggestions, comments, contributions or tip-offs via e-mail to email@example.com.