Thursday, 25 September 2008
POL Publications placed in administration
I was startled to hear about the reports of the closure of POL Publications earlier this week. They do VIVE magazine (of which I am a subscriber and have half my subscription left!), POL Oxygen, Fashion Capital magazine for Chadstone SC, Luxe and VIVE La France. I hope ACP, News or Pacific think about picking up their mastheads - if they can't continue operations after the proposed finance review. Pacific could do what they did with Text Pacific, the name POL Pacific works! I'm not sure what the details are behind the financial mis-management, but the current climate hardly supports the sustainability of Niche magazine publishers. You'd think as consumers tastes tighten, sales would increase, but the whole magazine publishing industry in Australia has seen a period of decline.
Posted by Kate Kendall at 10:22 am