"Although popular with our readers, the titles unfortunately failed to gain advertising traction at the levels we projected when we launched," said Tim Lombard, MD of Famous Publishing.
"The closures will result in the loss of 12 positions. Some staff members have accepted voluntary severance packages, and we're trying our utmost to accommodate the rest elsewhere in the company." For now, Tim said, Famous will continue to focus its efforts on its core, successful portfolio in KwaZulu-Natal: The Ridge, The Crest, Maritzburg Life, Business in Durban, At Home and PIVOT.
"On behalf of Famous, I thank our loyal readers and advertisers for their support over the past year."
