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18 октября 2010 года, 11:45

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Axel Springer Russia to shut down Russian Newsweek

With respect to economic reasons, the license agreement in force since 2004 with NEWSWEEK Inc. regarding the edition of the general interest magazine RUSSKY NEWSWEEK will not be extended, reports Axel Springer.

The edition of RUSSKY NEWSWEEK released on October 18, 2010, is the brand’s last issue. It is intended, that the current editor-in-chief Mikhail Fishman, 37, will overtake other journalistic tasks in Axel Springer AG, as a correspondent for Russia and CIS countries for WELT Group. In the future the Axel Springer Russia remains with the business magazine FORBES, the Russian edition of computer magazine COMPUTER BILD, the celebrities’ magazine OK! and the newly in April 2010 acquired magazines GEO, GALA Biography, GEO Traveller and GEOLENOK.

So Axel Springer Russia, a wholly-owned subsidiary of German Axel Springer AG, restructures its portfolio of media brands.

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