Tuesday, March 28, 2006

Conde Nast to close Cargo magazine

LOS ANGELES (Reuters) - Conde Nast Publications said on Monday it will stop publishing Cargo magazine with its May issue.

The magazine publisher said it believed the market would not support its business expectations for Cargo, a buyer's guide for men featuring the latest in men's fashion, culture, technology and cars. It was launched in March of 2004 with a ratebase of 300,000. The magazine now has a ratebase of 400,000.

Subscribers to Cargo will receive GQ magazine for the remainder of their subscriptions.

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