Summit Media bids goodbye to print magazines, goes full digital

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Print magazines Cosmopolitan, Good Housekeeping, YES! Magazine, Preview, and Topgear in the newsstands will soon cease to exist.

Metro Manila (CNN Philippines, April 12) — Summit Media, one of the country's biggest magazine publishers, is saying goodbye to its print magazines after completing its full "digital transformation."

In a statement Tuesday, Summit Media said they will close the six remaining print editions of Cosmopolitan Philippines, Preview, PEP (YES! Magazine), Topgear, FHM, and Town and Country titles — adding that their online counterparts are "already thriving."

"Today, we embrace the way our highly connected audiences now prefer to consume content. As we follow them from print to digital, we will continue our relentless pursuit and delivery of quality, up-to-the minute content and a dynamic and engaging editorial experience-this time, aided by data, which now pervades and informs many of our editorial decisions," said Summit Media President Lisa Gokongwei-Cheng.

Summit was also known for its other publications such as Good Housekeeping, Men's Health, and Women's Health, as well as brands for younger audiences such as K-Zone, W.I.T.C.H., and Seventeen. The publishing giant first came to the spotlight in 1995, when it produced Preview, before carrying local franchises of international titles.

"Summit Media was born auspiciously in an era of pulp and ink. We will always owe a debt of gratitude to the medium, to the brilliant teams whose dedication and efforts created magazines that excelled in that landscape, to the generations of loyal readers who not only supported their favorite brands but even imbibed their tenets and values, and to our advertisers, without whose partnership with and belief in us we would not have succeeded,"  Cheng said.

"Moving forward and into the future, we are excited as we continue to reinvent ourselves to become an even more compelling destination in a digital era where opportunities abound," she added.