Associated Media Publishing has announced that it will be closing its doors permanently following a harsh and unexpected impact of COVID-19.
The well-known media house will cease trading and publishing its magazines from Friday, 01 May 2020.
AMP is responsible for major publications such as Cosmopolitan South Africa, Women in Wheels, House & Leisure, and Good Housekeeping.
“Although every effort was made to achieve this, the unexpected and devastating impact of Covid-19, causing the closure of printing and distribution channels, the global halt on advertising spend as well as the inability to host events for the foreseeable future, have made it impossible to continue trading, despite large amounts of personal funds having gone into AMP,” a statement by the company stated.
Cosmopolitan recently launched its May issue featuring Miss Universe 2019, Zozibini Tunzi on the cover. The lifestyle and women magazine has featured A-list stars such as Bonang Matheba, Shekhinah, Pearl Thusi and Sho Madjozi.
Below is a full statement by AMP: