MAGAZINE publisher Blu Inc Media Sdn Bhd ceases operations from today after almost four decades in the industry, and about 20 titles covering three languages have folded up.
Blu Inc CEO Azliza Tajuddin announced the cessation in a letter to the staff, citing the extended Movement Control Order (MCO) along with the challenges of digital disruption as the cause.
“We are in a period where there is little visibility on when we can see recovery from the economic turmoil resulting from the Covid-19 pandemic. Our business has already been under tremendous challenge from digital disruption over the past few years.
“While we have made increasing investments to build our digital capabilities, it is still unclear whether we have gained sufficient traction while the losses continue to increase,” she added.
The cessation of operations involves all of Blu Inc’s print and digital publications. The titles include CLEO, Cosmopolitan, EH!, Female, Glam, Glam Deko, Glam Lelaki, Harper’s Bazaar, Her Inspirasi, Her World, Her World Cookbook, Home & Decor, Icon, Jelita, Malaysian Women’s Weekly, Marie Claire, Nuyou, Shape and The Peak. – April 30, 2020
