JPG Magazine Closing Down Next Week

JPG Magazine LogoAfter AsianWeek had announced it was releasing its last issue today, another magazine has announced that it will be closing down next week. PG Magazine, a print and Web publication featuring pictures contributed by amateur and professional photographers, is likewise shutting down.

Similar to the reasoning behind AsianWeek, the financial turmoil has been identified as the culprit. In recent months, the future and status of most publications have been raised in light of the new mode of delivering information through the web and adding the economic crisis to the mix was just too much for publications we are all familiar with. Who could be next?

(Source) AFP

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