Publishing for almost half a century, Blu Inc Media ceases operations
KUALA LUMPUR: Magazine publisher Blu Inc Media Sdn Bhd ceases operations of all its digital and print publications beginning today, amid uncertainties following the Covid-19 crisis.
In a statement today, signed by its chief executive Azliza Ahmad Tajuddin, it cited that “there is little visibility on when we can see recovery from the economic turmoil resulting from the Covid-19 pandemic.”
“Our business has already been under tremendous challenge from digital disruptions over the past few years.
“While we have made increasing investment to build our digital capabilities, it is still unclear whether we have gained sufficient traction while the losses continue to increase.”
The almost half a century old Blu Inc Media publishes CLEO, Cosmopolitan, EH!, Female, Glam, Glam Deko, Glam Lelaki, Harper’s Bazaar, Her Inspirasi, Her World, Her World Cookbook, Home & Décor, Icon, Jelita, Malaysian Women’s Weekly, Marie Claire, Nuyou, Shape and The Peak.
For now six staff will assist the company through the process, meanwhile all others will receive a separate e-mail regarding their employment status.
By: Hema Subramaniam
