Cosmo Australia closing down in December after 45 years
Australia’s Cosmopolitan magazine ends 45 years of publication in December. The international brand is owned by Hearst Communications and licensed to Bauer in Australia. The closure announcement was attributed to sluggish sales and low advertising revenue.It has an Australian and New Zealand readership of 160,000.
The CEO of Bauer Media ANZ, Paul Dykzeul, said it was not an easy decision to make, but publishing the magazine in Australia was not “sustainable”.