If you thought the magazine industry's problems only existed in the US, here's some info for your news diet:
Glamour just folded before it could even launch in Australia.
The magazines was licensed from Conde Nast by News Limited (the Rupert Murdoch-owned subsidiary of News Corporation with a big presence in Australia) but has been shut down before their planned March debut issue could start, due to the "downturn in advertising and falling magazine sales."
Fifteen staffers are affected by this, and the launch is postponed "indefinitely."
