Publishers of CLEO, Her World, Haper’s Bazaar and other Lifestyle Magazine officially shuts down business
Written by olucapri on May 9, 2020
One of the most well-known magazine-publishing companies in Malaysia, Blu Inc Media Sdn Bhd, has close down business on the last day of April.
Blu Inc has been in the business for almost 4 decades, with 20 local and international lifestyle titles in English, Malay and Chinese. They include CLEO, Her World, Harper’s Bazaar, Cosmopolitan, Marie Claire, Jelita, Female, Glam and The Peak.
In a letter signed by CEO Datin Azliza Tajuddin, she said that the board of directors have come to a conclusive decision to cease all its digital and print publications under Blu Inc. She also explained that business had already been suffering over the past couple of years. The Covid-19 crisis was ultimately the final nail in the coffin.
“With the current Movement Control Order to contain Covid-19, the losses continued even more for the months of March and April, and this trend is expected to continue for the next few months. It is uncertain that we will be able to see any light at the end of the tunnel,” she said, adding that the decision was made by the board of directors with a heavy heart.
Azliza has appointed Jolston Ng and Faizal Hadi as general managers, together with Shireen Goh, Bowen Tee and Connie Lee of the accounts department, as well as Habibah Muhammad of the human resource team to assist with “the unfortunate and painful process”.
All employees, except for these few individuals, will be contacted separately regarding their status of employment soon.
“We thank you for your service to Blue Inc Media and wish you all the best in your future endeavours,” she said in the letter.
Our heart goes out to our fellow media friends during this challenging times.
