Los Angeles Times Magazine shut down after almost three years in print

LOS ANGELES — The Los Angeles Times Magazine is being shut down by the Los Angeles Times after almost three years in print, Eater LA reported Tuesday.

The Magazine's seven-person staff was told about the cutback in a meeting at 11 a.m. this morning, without any explanation, according to Eater. 

“I think it’s fair to say there were revenue issues,” Nancie Claire, the Times' Magazine editor, told MediaBistro. “It’s still a tough economic climate, especially for print. I don’t think they got rid of us because they don’t like us.”

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The Los Angeles Times Magazine, a monthly glossy which published features on fashion, culture, and lifestyle in Los Angeles, will release its last issue in June. 

The staff members are being let go, and are not sure if they will be able to be absorbed by the Los Angeles Times, the fourth biggest newspaper in the country according to the Audit Bureau of Circulations' 2011 statistics. 

“I think the jury is still out," Clare said of the staff's employment. "Part of what’s going on is a contraction. They’re contracting in the newsroom too. There’s nowhere to absorb us." 

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The Times' move to shutter its magazine is the latest effort by a print publication to stay afloat, as the newspaper industry continues to decline in revenue and circulation. In 2009, Time Magazine predicted the "10 most endangered major newspapers" to either fold or go digital within that year. 

"The properties were chosen on the basis of the financial strength of their parent companies, the amount of direct competition they face in their markets and industry information on how much money they are losing," wrote Time. "Based on this analysis, it's possible that 8 of the nation's 50 largest daily newspapers could cease publication in the next 18 months."