After 108 years of publication, NYC-based monthly trade journal Editor & Publisher is ceasing publication, it was announced today.

This afternoon, Editor & Publisher posted about the decision on their website:

Nielsen Business Media, of which E&P was a part, has forged a deal with e5 Global Media Holdings, LLC, a new company formed jointly by Pluribus Capital Management and Guggenheim Partners, for the sale of eight brands in the Media and Entertainment Group, including E&P sister magazines Adweek, Brandweek, Mediaweek, Backstage, Billboard, Film Journal International and The Hollywood Reporter. E&P was not included in this transaction.

In both the post linked above on the Editor & Publisher website and an AP story, staff remained upbeat that the publication may survive in some form. E&P editor Greg Mitchell tweeted a link to an interview he did with Columbia Journalism Review after news of the closure hit, and had this to say about the staff’s hope to salvage the publication:

We’re very savvy Web people despite being ink-stained wretches. There’s tremendous potential to make use of E&P and our staff, so I would just hope that [among the] people who are upset about losing this voice after 125 years, someone will step forward.

Editor & Publisher was founded in 1901, and 100 years later, 80.6% of copy editors and 90.6% of supervisors polled said they read the publication regularly or occasionally.

Print trade journal Editor & Publisher to close after over 100 years is a post from: The Inquisitr

The magazine’s multiple global editions will see significant cuts, according to Keith J. Kelly at the New York Post, and will now be largely assembled out of the main New York office. The biggest impact, Kelly reports, may be in London, which has seemingly served as a central point for much of the global edition editing in the past. That would likely mean much of the London-based staff, as well as staff in other international offices, will be eliminated.

The cuts will also reportedly include the end of the South Pacific edition, currently produced in Sydney, Australia. That publication will become a duplicate of the Asian edition starting in 2009, the Post reports. Nine journalists from the Sydney office already say they’ve been told they’re losing their jobs.

“Time‘s international edition that goes through Europe and Asia, that will be brought down here, but basically we won’t be producing it in Sydney anymore,” Time Australia Editor Steve Waterson explained to the Daily Telegraph.

European, Middle Eastern, and African editions are also said to be preparing to start pulling most of their content from the Asian magazine.

Further layoffs are expected, with rumors suggesting the Los Angeles, Berlin, and Jerusalem offices could be hit next.

(Via Paid Content)

Time Magazine Trims Back Its Global Editions is a post from: The Inquisitr