Teen Vogue has announced that they are shutting down their print magazine after a 14 year run, due to a series of Condé Nast budget cuts.
The magazine is geared towards young women, offering them fashion and beauty tips as well as a platform to discuss important social issues that they should be educated on. Teen Vogue has been struggling for the past year with single-copy sales falling 50% in just the first six months.
However, the magazine’s online presence has been stronger than ever. Their internet numbers are exploding with 7.9 million views in January compared to 2.9 million views the year before. In order to optimize their online success, the print edition will be shut down but their print editor-in-chief will stay on the team, according to WWD.
Teen Vogue is not the only magazine facing consequences from Condé Nast’s budget cuts. Glamour, GQ, and Allure will each publish less frequently, going from 12 issues per year to 11 issues per year.
After Nylon Magazine closed last month, we are seeing a definite shift in print magazines as our world becomes more and more dependant on getting entertainment and information from the internet.