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- BUSINESS, Page 58Business NotesMAGAZINESSubscription Canceled
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- Slap. Slap. Slap. With the finality of the sound of the last
- magazines hitting the floor at night just before the lights go
- out, upstart publications are falling victim to hard times. In
- the past few weeks four notable consumer magazines have folded,
- mostly because of a slump in advertising sales. Egg, which
- premiered last February a week before the death of doting
- founder Malcolm Forbes, dimmed along with the trendy bicoastal
- night life it chronicled. And publisher Steven Greenberg closed
- Fame, which had covered celebrities for two years.
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- Two of the unhappy quartet hope to publish again. Business
- Week suspended Assets, its magazine of personal finance and
- life-style, after two issues, promising to revive it when the
- economy improves. Wigwag, which took a small-town view of life
- in America, flourished editorially but announced it had to take
- a pause as it searched for new investors.
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- Even established magazines have felt the need for a boost.
- Hearst Corp. decided to shake up House Beautiful, Redbook and
- Connoisseur by appointing new editors. The most notable shift
- will be at Connoisseur, where editor in chief Thomas Hoving,
- former head of New York's Metropolitan Museum of Art, will be
- replaced by Gael Love, who edited Fame.
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