U magazine to cut print version as part of digital transformation efforts

Hong Kong lifestyle and travel magazine U Magazine will cut its print version from September in response to market developments and the digital transformation of the group. According to the official statement on its Instagram and Facebook, U Magazine said it will publish its final print version on 31 August and will axe the print copy from September. It said that it’s a tough decision to suspend the print version, but all digital platforms of the magazine will continue to operate as usual and will be updated regularly. It added that it will arrange refunds for subscribers of the magazine’s e-version. “We will continue to work hard to provide readers with consistently high-quality content. Once again, we thank all readers for their love over the years,” the statement read. Owned by Hong Kong Economic Times (HKET), U Magazine is a weekly-published travel magazine in Hong Kong which has been published since December 2005. It has more than 2M followers and 1.7M likes, a check by MARKETING-INTERACTIVE saw. Don’t miss: Apple Daily reportedly compelled to shut ‘in a matter of days’ Apart from U Magazine, there has been a number of local publication and media ceasing its operations or print […]

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