Wine magazine, the wine-focused consumer monthly published by RamsayMedia, will be publishing its last edition in September 2011, after nearly 20 years in print. The magazine has only turned an annual profit three times in its existence.
RamsayMedia MD Stuart Lowe says the group had been considering for many years now what to do about Wine magazine. For years it has been building a series of conciliary activities to extend the Wine brand, including books, wine tastings and expos. All these businesses made money, but never enough to offset the losses on the magazine side, says Lowe.