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Nickelodeon Magazine Folding

Jun 4, 2009  •  Post A Comment

Nickelodeon Magazine is shuttering this week, a move which will result in the lay offs of 30 employees, the Los Angeles Times reports.

The magazine–like the network, owned by Viacom–was created in 1993 and reached a circulation of more than 1 million.

With the publication being hit by an advertising slump and more readers migrating to the Internet, the magazine’s value as a marketing platform for the cable-television network had lessened.

 —Aimee Picchi

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