Outlook group shuts down 3 mags
Outlook group has announced that it is discontinuing its licensing arrangements with People, Geo and Marie Claire magazines with effect from the forthcoming issues of these magazines. This would mean several staffers---journalists and those in advertising, marketing and circulation across the country losing their jobs. The announcement came today out of the blue although market analaysts were predicting its closure for a few months now because the publications had become unviable.