Journal tagged by News

Conde Nast Germany is apparently in crisis as the E50m expenditure on last year’s Vanity Fair launch seems to have failed to buy the expected success. As the launch editor departs, the Guardian has the whole story here.

Following this week’s finalisation of their takeover of EMAP’s consumer magazines, Bauer have started to make their mark, with the closure of First. New Woman also axed; details here.