Thursday, August 21, 2008

Hachette shutters shelter title Home

A major casualty from one of the major U.S. publishers as Hachette Filipacchi has announced that it is suspending the publication of Home magazine after its October issue. The shelter sector has been hit hard by the over all weakness of the magazine business and by the downturn in the U.S. housing market, said MediaDaily News, adding this may not be the last of the big shelter books to go under in the heavily overlapping category before the end of the year.

Hachette President and CEO Jack Kliger said when the middle market recovers, the Home brand may return on one-off newsstand titles. Hachette's omnibus shelter web site PointClickHome.com, incorporating content from Home, Metropolitan Home and Elle Décor, will continue to operate.

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