
B2B publisher Haymarket is restructuring its titles aimed at the marketing and advertising industries, a move which will see the closure of one magazine and the significant downsizing of another. Media Week, aimed mainly at those on the media-buying side of the advertising industry, will close after almost 25 years in business. Revolution, which covers digital marketing and internet-based media, will become a quarterly supplement inside sister title Marketing. It's thought both titles will retain their websites and accompanying award events.
Unlike PR Week, which serves the more clearly defined corporate communications sector, there has always been some crossover between those Haymarket magazines aimed at the marketing and advertising sectors – Marketing, Campaign, Media Week and Revolution.
The restructure is expected to result in just one editorial team covering the wider marketing and advertising industries, creating content for the print-based Marketing and Campaign magazines, and the Marketing, Campaign, Media Week and Revolution websites. They will also continue to feed in content to the Brand Republic website, which aggregates content from all of Haymarket's marketing titles as well as the more autonomous PR Week.
Haymarket has begun a consultation with staff on the restructure, which is expected to result in 18 job losses.