Another Dubai-based magazine is disappearing from the shelves with the closure of The Media Factory’s interior design title Location.
The managing director of TMF, Andrea Slater, said: “General market conditions and decreased advertiser spend across the sector necessitated the decision to stop publishing this magazine. We believe that we have made the right decision for our business under the current circumstances.”
It is understood that most of the staff who worked on Location will be redeployed on around a dozen other publications within TMH’s portfolio, including Qatar Airways’ in-flight magazine Oryx, F1 Racing and Autocar.
Slater added: “Fortunately, our remaining titles are market leaders in their relevant fields or fill a specific niche, allowing our overall outlook to remain positive. We do not therefore envisage any further magazine closures. On the contrary, we will be announcing some exciting new projects over the next few months.”