February 2, 2006

Smash Hits to Close - Mobile Phones Blamed

539216_1.jpg UK publisher, EMAP, is to close its Smash Hits title after 28 years and according to Mobhappy, is blaming mobile phones.

"The magazine was the music and entertainment “must read” for generations of teens... The publisher says that teens these days get their information online and anyway, spend a high proportion of their disposable income on running their mobile phone and content."

This reminds me of a Variety article in 2004 about a music industry mogul blaming the declining sales of CD's on competition from alternative entertainment-related spending options for teens, such as cell phones and videogames. In both cases, it's likely to be true.

emily | 7:01 PM | News, Buzz | Add this this entry to your del.icio.us bookmarks. Digg This Technorati search results for this Entry
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