NMA and Design Week to be online-only

Centaur is to close the print editions of New Media Age and Design Week and sell off a number of small titles, as well as Ascent Publishing.

The publisher is also selling the logistics, supply chain and recruiter portfolios, plus its monthly engineering titles MWP and Process Engineering.

However, Marketing Week will escape cuts.

In a note to staff, Centaur CEO Geoff Wilmott said: “All the markets that we operate in continue to face huge challenges and changes… The initiatives that we will be announcing will help to ensure that Centaur is focused and resourced in a way which bests suits the market challenges and opportunities facing us, and which therefore positions the business for the future.”

The restructure follows changes at Haymarket, which stopped printing Media Week in 2009. The publisher plans to introduce an online subscription model for access to brands including Campaign, Marketing and Media Week this summer.