Bauer Media has announced the closure of the Cosmopolitan brand in Australia, with the December issue being the last.
In a memo to all staff, Bauer Media Australia CEO Paul Dykzeul said that, "the commercial viability of the magazine in Australia is no longer sustainable."
"We are incredibly proud of the Cosmopolitan brand and the people who have been involved and represented over the last 45 years. It has helped to launch the careers of media personalities, supported great brands and causes, and inspired millions of young women across the country," Dykzeul continued.
He finished the memo by stating that while the publishing industry faces challenges, Bauer is seeing growth across digital platforms and print will still continue, "to play a significant role in storytelling for women in Australia."
Please note that the team will be finishing up on Friday, October 19. Cosmo beauty and fashion writer Ana Zupanoska, has announced her freelance details going forward.