NME to scrap print edition

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Time Inc., owner of NME has announced that this week’s edition of the free print magazine will be the last, ending 66 years of NME’s physical magazine in print. In a statement, Time Inc.’s UK group managing director, Music, Paul Cheal says the "effort and investment" will now be focussed on the digital space.

Read his statement below:

"NME’s free weekly print magazine will cease publication. This week’s issue of the magazine out on Friday will be the final free print edition.

NME is one of the most iconic brands in British media and our move to free print has helped to propel the brand to its biggest ever audience on NME.COM. The print re-invention has helped us to attract a range of cover stars that the previous paid-for magazine could only have dreamed of.

At the same time, we have also faced increasing production costs and a very tough print advertising market. Unfortunately we have now reached a point where the free weekly magazine is no longer financially viable. It is in the digital space where effort and investment will focus to secure a strong future for this famous brand."

NME first changed to a weekly free print edition in September 2015, with the magazine being handed out at tube and train stations across the UK.

Although the weekly print magazine is no more, NME will continue to print the occasional special print edition, and plans for two new NME radio stations have also been announced - with NME 1 and NME 2 set to launch on Regional DAB, TuneIn and on NME.com.

NME 1 is set to focus on new talent, while NME 2 will feature a range of artists and "NME classics."

Photo: NME

Source: Time Inc.
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