Friday, October 24, 2008

Must have been its ninth life...Radar folding

Radar magazine, which has had more than one revival, is folding for good, according to a report in the New York Observer. Or, at least, its print magazine is folding. The website is sold to AMI to be redesigned under the editorship of David Pecker, the editor-in-chief of the National Enquirer. (You can't make this stuff up.)

According to the Observer:

Started by Maer Roshan in 2003, the magazine billed itself as a guide to pop culture, scandal, and style but soon folded. In 2005, Daily News owner Mort Zuckerman and a pre-scandal Jeffrey Epstein invested a reported $25 million in the magazine according to a report by Katharine Q. Seelye in The New York Times, but by December of that year, the magazine had been shut down again. By this time, Radar's ups and downs had become sport for Web site's like Gawker, which delighted in every gory detail of the magazine's demise.

In 2006, the magazine returned with the help of Yusuf Jackson. It was widely speculated that Ron Burkle was also an investor. In 2008, the magazine was nominated for a National Magazine Award in the category of General Excellence for circulation between 100,000-250,000.



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