Vermont Life Is Shutting Down After 72 Years

One of America’s longest running regional magazines will soon produce its final issue.

Unable to find a buyer for 72-year-old Vermont Life, the state’s Agency of Commerce and Community Development announced Thursday that it will cease printing the quarterly magazine after its summer issue.

Vermont Life‘s status as a state-funded publication had made its future a subject of debate over the past year, with state lawmakers estimating that it ran an annual deficit of around $400,000. The state sought proposals for a sale last September, but officials said they elected to maintain ownership after finding none of the offers to be satisfactory.

Vermont Secretary of Commerce and Community Development Michael Schirling said the decision to then shutter the magazine was made after its most recent fiscal report made it clear that continuing operations would require expanding Vermont Life‘s $3.5 million in debt.
more at: http://www.foliomag.com/vermont-life-is-shutting-down-after-72-years/

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