Reed Elsevier Shutters 23 Mags

[Hasmukh]

In another sign of continuing softness in the print media marketplace, Reed Elsevier today said it would close 23 business-to-business titles, though its best-known property, Variety, was not among them.

Since last year, the company has been divesting its U.S. controlled circulation titles. It sold Publishers Weekly earlier this month to a group led by PW's former publisher, Joe Slowik. In March, Sandow Media bought several titles including Interior Design, Home Accents, Casual Living and Furniture Today.

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[MissMallu]

so you are saying print magazines are shuttign down?