Giant Magazine, owned by Radio One’s Interactive One subsidiary, will cease its print publication and publish only online.
Radio One acquired Giant Magazine in 2007 for $270,000. The bi-monthly lifestyle magazine covers celebrities, culture and fashion primarily for 20-something African Americans.
Radio One is moving its content GIANTlife.com, a new Web site as part of its Interactive One division.
“The economic downturn has had a tremendous impact on print media and we had to make the decision to suspend printing the publication,” said Tom Newman, president of Interactive One in a statement. “Additionally we recognize the increase in demand for real time information and see this as an opportunity to leverage our existing robust online platform to better serve Giant consumers and advertisers through our interactive medium.” (Washington Business Journal)
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