Playboy Hungary to close from 2020

360b / Shutterstock.com
Publisher Marquard Media made at least a dozen employees redundant this month and will cease the publication of the Hungarian edition of Playboy, Menʼs Health, and Exclusive starting 2020, news site 24.hu reports.
Image: 360b / Shutterstock.com
According to the report, the cuts will also affect InStyle magazine and Joy magazine. There will only be four issues of InStyle per year instead of the current eight, while the exact effects of the decision on Joy still unknown.
The website adds that Marquard wants to determine its content strategy via thematic focuses. The publisher will organize its portfolio into two major areas: shopping & style (publications such as Joy and InStyle), and modern family & health. (Éva, Apa, Runnerʼs World).
ADVERTISEMENT
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.