Bauer Media Australia axes eight magazines including Harper's Bazaar, Elle and Men's Health

German-owned publisher cites catastrophic drop in revenue due to impact of Covid-19 as reason for closure

Harper’s Bazaar, Elle, InStyle, Men’s Health, Women’s Health, Good Health, NW and OK! magazines have all been axed, with publisher Bauer Media Australia citing a catastrophic drop in advertising revenue due to Covid-19.

The announcement from the German-owned publisher comes days after it announced it had sold the Australian arm of the company to venture capital firm Mercury Capital.

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from The Guardian https://ift.tt/2WEBqJi
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