Categories: OLD Media Moves

Canadian Business magazine may close

Canadian Business, the country’s oldest publication of its kind, may be on the verge of closing its doors after 87 years, writes Althia Raj of Huffington Post.

Raj writes, “Rogers Media Inc., which owns Canadian Business, is looking at shuttering the publication, several company sources told The Huffington Post Canada.

“Canadian Business is losing subscribers and ‘there is no money to be had,’ Phil Lind, the vice-chairman of the board at Rogers Communications told HuffPost on Monday.

“The company’s venture into Texture, the re-named magazine app first launched as Next Issue, hasn’t been as profitable as expected, he added, and Rogers’ television stations are also struggling.

“Maclean’s Magazine — Rogers’ national current affairs publication — is ‘not yet’ on the chopping block, Lind said.”

Read more here.

Chris Roush

Chris Roush was the dean of the School of Communications at Quinnipiac University in Hamden, Connecticut. He was previously Walter E. Hussman Sr. Distinguished Professor in business journalism at UNC-Chapel Hill. He is a former business journalist for Bloomberg News, Businessweek, The Atlanta Journal-Constitution, The Tampa Tribune and the Sarasota Herald-Tribune. He is the author of the leading business reporting textbook "Show me the Money: Writing Business and Economics Stories for Mass Communication" and "Thinking Things Over," a biography of former Wall Street Journal editor Vermont Royster.