‘Online media, insolvency?’Editor-in-Chief opens up on real reasons the magazine ceased to trade
A Popular UK-based magazine, Reader’s Digest, has folded up.
Platforms Africa reports that the end of the company’s business came after 86 years of publishing.
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Eva Mackevic, Editor-in-Chief at Reader’s Digest, UK, who confirmed the news in a statement obtained by Platforms Africa, declared that the firm “just couldn’t withstand the financial pressures of today’s unforgiving magazine publishing landscape and has ceased to trade.”
Here, below, is his statement
READER’S DIGEST UK SHUTS DOWN AFTER 86 YEARS.
After 86 wonderful years, I am very sad to share that Reader’s Digest UK has come to an end. It has been my privilege and joy to contribute to this iconic publication for nearly eight years, leading its talented team for the last six. Unfortunately, the company just couldn’t withstand the financial pressures of today’s unforgiving magazine publishing landscape and has ceased to trade.
I want to extend my heartfelt gratitude to all the incredible colleagues, writers, PRs, and brands I’ve had the pleasure of collaborating with over the years. Your passion and expertise have made this journey unforgettable, and I’ve been fortunate enough to make some amazing friends along the way ❤️
To any writers awaiting payment for their work, I’ve been assured that the insolvency practitioners are working to communicate with everyone about the next steps. I sincerely hope this process goes smoothly and swiftly for you.
While this chapter closes, I’m excited about what the future holds. I’m eager to explore new opportunities in media and publishing, continuing to tell stories that resonate and inspire. If you have any leads or potential collaborations to discuss, I’d love to hear from you!
Thank you all for your support and camaraderie throughout this journey. Here’s to new beginnings and exciting ventures ahead 🙌 “
Eva Mackevic
Editor-in-Chief at Reader’s Digest, UK
Platforms Africa
