Doubledown Media LLC -- publisher of Trader Monthly, Dealmaker, Private Air, Corporate Leader and the Cigar Report -- has stopped its printing press. With its Wall Street target audience dwindling, the New York-based publisher closed its doors Monday following a rocky road over the last year. Company president Randall Lane sent an e-mail to staffers late Monday about the fate of the company.
Continue reading below
The combination of the media depression, the Wall Street implosion and the credit slowdown were collectively too much for our company -- probably any company in our shoes -- to overcome.
The latest shutdown is one of a plethora of magazine closings the publishing industry has endured in the wake of this economic downturn. Radar, Men's Vogue, Domino, Teen, Country Home, PC Magazine and Electronic Gaming Monthly are just a sampling of titles that have called it quits. - Gerald Magpily
See Folio article
See full list of defunct magazines from Advertising Age
