The Sydney Magazine and The Melbourne Magazine, the two super glossy monthly magazines inserted with Fairfax’s main metro titles, will close in November.

The two magazines were produced at Hannanprint, and are among a stable of products the IPMG company produces for Fairfax. The closures are part of the latest cost reduction package going on at Fairfax, as it seeks to implement its digital first strategy, and stem ongoing losses. The company is trimming its staff by a further 45 from its business, life and news media divisions. Fairfax cites falling advertising demand as the reason for the closures for the two magazines, which have been published for a decade.

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