Updated: Meredith Folds Country Home

Bowing to housing market pressures that have already claimed a handful of shelter titles in the past year, Meredith Corp. said it would close Country Home with the March 2009 issue, citing a continuing soft economy heading into 2009.
 
Meredith announced Jan. 8 that it would take a special charge of about $16 million in its fiscal 2009 second quarter. The charge is related to a workforce reduction of about 250 people, the closing of the shelter mag and relocation of the creative functions of sister pub ReadyMade and Parents.com