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‘Time’ Shuttering Canadian Bureau

Time magazine announced yesterday that it would close its Canadian bureau on April 28, a significant cutback for the magazine which has long maintained a Canadian presence and published a Canadian issue of the magazine, Mediapost reports. This is part of the recently announced cutbacks of 250 jobs across multiple titles. According to a source, the Canadian edition will obviously contain less Canadian content but it will not be entirely gone, the Toronto Star writes.

And the Canadian edition will still carry Canadian advertising and still be branded as Canadian despite having less original Canadian content.

Time has been publishing in Canada since the 1940s through the use of freelancers, but beefed up its original Canadian reporting with two full-time editorial staff during the 1990s. Currently it sells about 10,000 copies per week.

The biggest winner of the changes may be competitor Maclean’s magazine from Rogers Communications Inc. Maclean’s sells roughly half the number of copies as Time’s Canadian issue per week, but has been undergoing aggressive revision in the past year thanks to new editor Ken Whyte.

Related topics: Signs of What's to Come, Planning, Magazines, Buying, Print...   

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