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February 15, 2006
Another Magazine Closes: Budget Living
Just after I subscribe... that sucks. For my birthday this year, I received subscriptions to three magazines I enjoy reading and Budget Living Magazine was one of them. I've been waiting for my first issue to come for a while now (my birthday is in December) and now I know why I still don't have it. It turns out Budget Living has just announced that it was closing. The March issue will be the last one. Just a week ago, I posted about Travel Savvy closing, now Budget Living Magazine--this hasn't been a very good two weeks for magazines.
In a Media Life Magazine article, Abigail Azote, reports "When it launched almost four years ago, it was much-talked-about, as a magazine that seemed to have everything going for it. The idea was ripe--smart people living chic cheap--and it had a big publishing name behind it, Don Welsh, who previously had launched Budget Travel.
Yesterday, at the end of a 60-day find-a-new-owner-or-else deadline, Budget Living announced it was closing, despite numerous awards, including a National Magazine Award, and a strong base of readers."
Posted by insideoutmag at February 15, 2006 01:42 PM
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