AFRICA
ASSOCIATED MEDIA PUBLISHING HAS CLOSED AFTER 38 YEARS
Magazines make money out of selling advertising space.
Glory to God! I trust you’re well and enjoying your Inheritance in Christ Jesus.
As already indicated, God gave us a Prophetic Word some time last year regarding corporate closures, and it says:
BEGINNING
Great corporations that have stood for generations will splinter into smaller pieces. Corporations that many thought would never die, will break apart and some will even die.
END
Associated Media Publishing has shut its doors for ever. The publishers of popular magazine titles such as Cosmopolitan, House & Leisure, Goodhousekeeping and Women on Wheels ceased trade on 1 May 2020.
Magazines make money out of selling advertising space. Due to COVID-19, advertising revenue plummeted since most advertisers were under lockdown. If a business isn’t producing anything, it has nothing to advertise. Besides, even if they could advertise, their consumers are locked up inside their homes unable to go out and respond to the advertising.
More than COVID-19, magazines had been under pressure because of digital. Most failed to transition from print to online.
This means more job losses for the South African economy and that can’t be good.
I would like to thank God for the Mercy of His Foreknowledge. I give Him all the Praise and all the Honour. God never lies.
Here is the full news article.
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THERE’S A COLLAPSE COMING. THERE’S A STORM COMING. AND WE NEED TO BE PREPARED.
Glory to God.