Monday, February 23, 2009
Two Prominent 'Eco'Mags Go Under, Thanks to Economy
“In making the announcement, company president/CEO Chuck Townsend said the decision was purely based on the softened economy, which has already claimed a handful of other shelter books. This year through February, Domino’s ad pages tumbled 51 percent to 22 percent, per the Mediaweek Monitor. Launched in 2005, the title achieved a rate base of 800,000. But observers have said that in addition to the hard-hit housing market, the title had some difficulty explaining its positioning in the marketplace.”
We pray that once the economy becomes stable and once again thrives that Plenty and Domino will come back in full force.