The Australian institution that is Cleo magazine looks set to send its final issue to the printer.
After 44 years, the Australian women’s magazine is reportedly closing down, according to the Daily Telegraph. Despite the company, Bauer Media, calling the news “pure speculation”, Mashable Australia understands staff will be informed next week.
The magazine has meant a lot to many in Australia. Since its inception in 1972 by prominent Australian journalist Ita Buttrose, the magazine has been a woman’s staple featuring in its heyday risqué features and nude centrefolds. Since the dawn of the Internet, such publications have ceased to attract the numbers needed to survive …
Via: Mashable: Business