Imagine Media closes Next Generation
Imagine Media has officially closed Next Generation today making this January 2002 issue the magazine’s last issue. The President of Imagine Media, Jonathan Simpson-Birt, said of the 6-year old publication, “time now seems to have passed.” According to an Imagine press release, the magazine has dropped to sales of 115,000. Next Generation was at its best in 1996, but has been declining ever since. Also, Imagine’s parent company, Future Publication, closed dozens of publications worldwide last spring to cover overall operating losses. PSX Extreme will continue to bring you any further coverage.
12/4/2001 Matt Stensrud