Questex to Abandon Cadalyst Magazine
Staff attempting to raise money to continue publishing
ORLANDO, FL, Feb 13,
2009 - TenLinks has learned Questex Media is abandoning Cadalyst magazine.
Current staff will be paid until the end of February.
Cadalyst is the last US print magazine devoted entirely to CAD. The move
by Questex may have been due to the current economic recession and cutbacks
in print advertising.
Questex had recently announced it would be reducing the number of issues
published each year to 6 (see
Cadalyst
Announces Bimonthly Publication Schedule for 2009, June 10, 2008).
No
official announcement was available from Questex but Nancy Spurling Johnson,
Cadalyst editor in chief since June of 2008, supplied the following
statement:
Questex Media Group decided to divest itself of Cadalyst,
effective the end of February. A few of us are working actively on an
employee buyout. We believe in Cadalyst and the CAD market and are
positive about the future. There's a lot to work out in the near term,
but we are very, very optimistic that we can make this happen and
confident that the change will give us the opportunity to build Cadalyst
into a more valuable resource than ever for our readers and advertisers.
Johnson added "the group [including herself and some of the present staff]
plans to continue producing Cadalyst.com, enewsletters, and other digital
content uninterrupted and resume publication of the magazine as soon as it
is financially feasible - ideally within the next few months."
Amy Coronato Osborn, who was publisher of Cadalyst, has moved to a different
position at Questex.
Kenneth Wong, recently named executive editor of Cadalyst, is back to doing
freelance work.
Cadalyst has 62,000 subscriber, according to the last official Questex press
release.
About Questex Media
Questex Media Group, Inc. is a global, diversified business-to-business
integrated media and information provider that serves multiple industries
including technology, telecommunications, beauty, spa, travel, hospitality,
leisure, abilities, home entertainment, landscape design, building services
and natural resources through a range of well-established, market-leading
publications, events, interactive media, research, information and
integrated marketing services. The company's media properties include over
100 print and digital media publications, 45 conferences, tradeshows and
events, and a range of research, data and information products. The
company’s operations include more than 500 employees in offices throughout
North America, South America, Asia and Europe.
For more information on Cadalyst, visit
http://www.cadalyst.com/
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Related News
Feb 25 - Cadalyst Magazine Picked Up by Longitude Publishing Feb 13 - Questex to Abandon Cadalyst Magazine Dec 8 - Cadalyst Announces Bimonthly Publication Schedule for 2009 Dec 8 - Cadalyst to Reduce Print Issues to 6 Per Year
Source: Material used in press releases is often supplied by external
sources and used as is.
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