Future Shutting Down Xbox World and PSM3 Magazines

Publisher Future has told C&VG today that Xbox World and PSM3 will release their final issues next month as the company deepens its investment and focus into digital publications and properties. Future also said that it hopes to redeploy affected employees in different areas of its business. Future has been reorganizing its existing publications, cutting staff and discontinuing many of its more traditional print publications this year.

"This decision has been taken as Future continues to focus on its strategy on accelerating digital growth across its international digitally-focused brand business," said Future's head of entertainment Clair Porteous.

PSM3 launched its first issue in 2000, followed by Xbox World debuting in 2003. These magazines follow the recent discontinuation of PlayStation: The Official Magazine and Nintendo Power.

Source: Gamespot

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