Fairfax Magazines will resign the licences, owned by IDG, to publish technology titles Computerworld, Reseller News and PC World early next month.
The decision has been made to close the print and websites of the titles under the Fairfax banner as the wider group adapts to changes driven by the current economic climate in publishing worldwide.
“As much as we regret having to make this tough decision, we believe it is in the best interest of our long-term success as a producer of quality content for New Zealanders,” says Lynley Belton, Fairfax
Magazines general manager.
“With change comes opportunity, and we are looking at ways to increase our technology presence across other Fairfax channels as the business adapts.”
Staff are being consulted about their options to remain within the company, but it does look likely that job losses will occur.
“We are proud to have been associated with all three titles for the last seven years and would like to thank staff, both past and present, who have contributed to quality IT journalism during that time,” says Belton.
All subscribers will be contacted and refunded for issues they will not receive.
The final date of publication are: Computerworld July 1, Reseller News July 5 and PC World July 1. IDG plans to continue serving the New Zealand market with its global brands and products, and will announce its plans shortly.