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Yet more B2B magazines look under threat from a downturn in advertising and subscriptions: Centaur Media is considering shutting its Brand Strategy and Precision Marketing trade titles as part of an on-going restructure, reports Guardian.co.uk, a week after news emerged that it was considering a plan to shut its Public Private Finance magazine. The company is reportedly in redundancy consultation with two staff on the affected titles as well as some staff on titles thought to include Marketing Week and Design Week. In consecutive earnings, Centaur has said its media and marketing titles segment, which also publishes NMA, is its best-performing.
A Centaur “insider” whispers to Guardian.co.uk that one proposal being considered is to turn Marketing Week into a features-based magazine with more breaking new publishing online, in a move similar to that taken by Wilmington Media’s Press Gazette last summer. Centaur has about 740 staff across more than 20 titles with about 186 in editorial – by the looks of things that figure will be lower by this time next year.