Conde Nast Publications is closing Gourmet, the nation's oldest food magazine, and three other money-losing titles as the high-end publisher tries to weather a devastating advertising slump.In addition to Gourmet, which had a circulation of 980,000 last year, the publisher is closing Modern Bride, Elegant Bride and Cookie, a parenting magazine. Earlier in the year, it killed publication of Portfolio, a business magazine, and Domino, a lifestyle title.Conde Nast spokeswoman Maurie Perl said the roughly 180 employees of Gourmet, Cookie, Modern Bride and Elegant Bride will leave the company with severance packages this week.
Conde Nast Publications is closing Gourmet, the nation's oldest food magazine, and three other money-losing titles as the high-end publisher tries to weather a devastating advertising slump.In addition to Gourmet, which had a circulation of 980,000 last year, the publisher is closing Modern Bride, Elegant Bride and Cookie, a parenting magazine. Earlier in the year, it killed publication of Portfolio, a business magazine, and Domino, a lifestyle title.Conde Nast spokeswoman Maurie Perl said the roughly 180 employees of Gourmet, Cookie, Modern Bride and Elegant Bride will leave the company with severance packages this week.
