Condé Nast today announced that it was immediately closing the well regarded Gourmet Magazine due to a massive decline in advertising revenues.
The folding of Gourmet Magazine comes as Condé Nast undertakes a strategic review of its titles after a shocking 12 months for the magazine industry. Also closing effective immediately are Modern Bride, Elegant Bride and Cookie.
Gourmet Magazine’s related recipes on Epicurious.com, as well as the book publishing and television programming is believed to be immune from the cuts, so the name will go on, even if the magazine won’t.
Editor Ruth Reichl thanked readers on Twitter: “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.”