The United Kingdom edition of Reader’s Digest is shutting down after 86 years of operation over dwindled funds.
The magazine’s Editor-in-Chief, Eva Mackevic, made this known in a post her LinkedIn handle on Monday.
Mackevic explained that the magazine, founded in 1922 by DeWitt Wallace and Lila Wallace in the US, has been struggling financially
Mackevic wrote, “After 86 wonderful years, I am very sad to share that Reader’s Digest UK has come to an end. It has been my privilege and joy to contribute to this iconic publication for nearly eight years, leading its talented team for the last six.
“Unfortunately, the company just couldn’t withstand the financial pressures of today’s unforgiving magazine publishing landscape and has ceased to trade. I want to extend my heartfelt gratitude to all the
incredible colleagues, writers, PRs, and brands. I’ve had the pleasure of collaborating with you over the years.
“Your passion and expertise have made this journey unforgettable, and I’ve been fortunate enough to make some amazing friends along the way. To any writers awaiting payment for their work, I’ve been assured that the insolvency practitioners are working to communicate with everyone about the next steps. I sincerely hope this process goes smoothly and swiftly for you.”