CMP Media's Internet Week has ceased publication as of its Jan. 7 issue, according to sources inside the company, making it the latest technology publication to fall victim to the dour advertising market. Staff members at the weekly magazine were notified Thursday of its closure. However, it is unclear how many employees will be laid off, sources said.
The magazine, which employed about 32 editorial staff, was founded in 1984 as Communications Week, covering the telecommunications industry following the divestiture of AT&T. Four years ago, it changed its name to Internet Week to cover the burgeoning information-technology sector. It had a circulation of 275,000. In late 2001, CMP closed its telecommunications biweekly, Tele.com. In 1999, it also stopped publishing Windows magazine, which at the time had 800,000 subscribers but a void in advertisers.