The Wilmington group announced the closure of the print version of their monthly magazine, Press Gazette. They posted the announcement on the PG website today saying that the May edition will be the last edition.

Wilmington bought the UK magazine in 2006 from administration and have since been trying to bring the magazine up to a profitable level. In August of last year the PG changed to being a monthly magazine after being a weekly for 43 years.

The press release announced that the website would continue, however, it is no longer publishing news content. Les Kelly, the managing director of Wilmington's media and entertainment division said, "there will be no journalism on the site [...] but we will develop the site to offer other services, such as training and freelance referrals."

Another magazine going online only in the next month is Maxim, the men's monthly.

Source: Guardian.co.uk