Canadian Publishing Industry News
31 March 2022,     TORONTO
NOW reduces print issues
Now Magazine announced in March that it’s cutting down on printing its weekly issues for at least two months in order to save money and grow its online audience. The company announced the news on its Twitter account earlier this month.

            Now plans to print an issue in April and one in early May. The magazine said it had faced particularly acute challenges from COVID, as revenue from local advertisers that have historically supported it, including arts culture, entertainment and food and drink, have shrunk.

            The news comes on the heels that parent company Media Central Corp. defaulted on payments to creditors in the amount of just over $1 million. The creditors have announced they will enforce their claim against Media Central’s assets.

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