Saturday, October 11, 2008

Goodbye COSMOgirl!

Hearst Magazines is closing CosmoGirl! magazine with the December issue being the last, reports WWD. The teen title it spun off from Cosmopolitan in 1999 and it’s subscriber base will now be folded into fellow Hearst title Seventeen.

Editor in chief Susan Schulz will be ‘staying on at Hearst to work on special projects,’ according to a company statement. The company declined to comment on how many other employees would be affected. Through October, CosmoGirl had 527 ad pages, down 15.5 percent from last year. Newsstand was off 18 percent in the first half of the year, to an average of 302,800, and total circulation was 1.4 million.

Thanks oceanUP!