Bauer Media Group listed magazine for sale in May after sharp fall in advertising revenue.
British music magazine Q is folding after 34 years in business as the coronavirus epidemic accelerated a downturn in the media sector, forcing the publication to cease operations.
The monthly magazine’s editor, Ted Kessler, announced its closure in a tweet on Monday, saying the coronavirus pandemic hurt the magazine’s business.
Q was the latest outlet in the media and publishing industry to be hit by the pandemic. British newspaper publisher Reach Plc and broadcaster BBC recently announced a series of job cuts.
“I must apologise profusely for my failure to keep Q afloat,” Kessler said in an editor’s letter for the final issue. “We’ve been a lean operation for all of my tenure, employing a variety of ways to help keep our head above water in an extremely challenging print market. Covid-19 wiped all that out.”
I have some bad news about @QMagazine. The issue that comes out on July 28 will be our last. The pandemic did for us and there was nothing more to it than that. I have attached our final cover and my editor’s letter for context.
On the plus side, we’re all available for work. pic.twitter.com/rm8qOcUBtB
— Ted Kessler (@TedKessler1) July 20, 2020
The final issue will be published on July 28th.
Germany-based Bauer Media Group, which is the parent company for Q, listed the music magazine for sale in May following a sharp decline in sales and advertising revenue during the pandemic. The group also publishes heat, Kerrang, Mojo and Grazia.
Bauer Media said Modern Classics would also cease to operate as the company was unable to find new buyers for the two publications.
English Indie band The Vaccines and musician Tim Burgess joined the chorus of the magazine’s music-loving readers on social media expressing disappointment about its closure.