WASHINGTON (Radio & Records) - The Nielsen Co. on Wednesday announced that it was ending publication of Radio & Records, known in the radio business for the past 36 years as R&R. Publication of the music industry trade paper ceases immediately.
In a specially called “Town Hall Meeting” for R&R staff across the country, publisher Howard Appelbaum told employees that it was a “tough decision” but that the magazine’s “macro did not work” in this economic climate. He said that “all jobs are eliminated” and that some parts of R&R, such as airplay charts, would be included in Billboard magazine, another Nielsen publication.
Appelbaum, who took over Nielsen’s business media division in January, said the company had made several attempts to “salvage” the publication and had spoken with “some prospective buyers,” but he declined to discuss specifics with the staff, instead inviting “off-line” questions.
It was Appelbaum’s third such Town Hall teleconference. In the first, he introduced himself on news of the departure of longtime publisher and president Erica Farber in early January. On February 25, Applebaum announced steep staff cutbacks at the magazine.
The Nielsen Co. is also parent company of The Hollywood Reporter.
Editing by Sheri Linden at Reuters