[JPL] R&R closing its doors

[Ed Trefzger]

 From Radio Ink: http://www.radioink.com/Article.asp?id=1353941&spid=24698

LOS ANGELES -- June 3, 2009: Venerable and much-loved industry trade  
Radio & Records is no more, with parent Nielsen Business Media making  
the decision to cease publication immediately. The website will also  
come down, and about 40 people will lose their jobs.

R&R employees were told in a specially called meeting today, with  
Publisher Howard Appelbaum saying it was a "tough decision" but the  
magazine's "macro did not work" in the current economy.

Some parts of R&R, such as some airplay charts, will move to sister  
publication Billboard, but no R&R staff will be kept on. Appelbaum  
told staff that some attempts had been made to "salvage" the brand,  
including talks with some prospective buyers.

R&R's longtime publisher and president, Erica Farber, departed in  
January, and the magazine saw severe staff cutbacks earlier this year.

Nielsen Business Media bought R&R about three years ago.