'PAPER' Magazine Goes on Hiatus

The coronavirus pandemic also incited some layoffs.

Fashion 
1,810 Hypes 0 Comments

PAPER, perhaps most famous for “breaking the internet” with Kim Kardashian in 2014, has placed its physical magazine on temporary hiatus. In light of the coronavirus pandemic, the ENTtech Media-owned company is also slightly downsizing, WWD reports.

The final — for now — issue of PAPER is the quarterly magazine’s Spring 2020 edition, which features Lady Gaga on its cover. Its website remains as active as ever, but ENTtech CEO and founder Tom Florio confirmed to WWD that the physical PAPER publication has been halted and that it may not return, though nothing is set in stone.

“I don’t know how you make a decision on that right now when we don’t know when we’ll be in the studio,” Florio told WWD. “Part of me is open enough to allow this thing to really roll out digitally and socially in the way where most people know Paper. Most people know Paper — like the kids, the Gen Z — through this social engagement. [Layoffs are] so terrible. I’ve never been in a situation where you couldn’t ask more from people, but because of crazy life circumstances you have to make these decisions.”

ENTtech and PAPER each laid off two staff members, but Florio emphasized that the company’s income is stable enough to allow it to survive the current pandemic for the foreseeable future. Cost-saving cuts — include a 60 percent salary reduction for Florio himself — have helped soften the blow.

Few companies are safe from the pandemic’s effects, with Wendy’s, Lyft and Neiman Marcus all reporting various downturns in fortune.

Read Full Article

What to Read Next

Port Tanger Releases Latest Sunglasses Collection at Browns
Fashion

Port Tanger Releases Latest Sunglasses Collection at Browns

Inspired by the city of Tangiers.

Knxwledge's "Don_Tgottabe" Animated Visual Is a Mellow Dose of Escapism
Music

Knxwledge's "Don_Tgottabe" Animated Visual Is a Mellow Dose of Escapism

Animated by Rhymezlikedimez.

Neiman Marcus Files for Bankruptcy
Fashion 

Neiman Marcus Files for Bankruptcy

The second major retailer to go under this week alone.

Audi A4 and A5 Receive Power Upgrade and Mild-Hybrid Electric System
Automotive

Audi A4 and A5 Receive Power Upgrade and Mild-Hybrid Electric System

Alongside Quatrro four-wheel-drive and a host of technical upgrades.

Megan Thee Stallion Recruits Major Lazer for Latest "Savage" Remix
Music

Megan Thee Stallion Recruits Major Lazer for Latest "Savage" Remix

Diplo adds his signature electronic touch to Meg’s hit single.


Learn to Cut Your Hair at Home With Rich the Barber
Fashion

Learn to Cut Your Hair at Home With Rich the Barber

The Filthy Rich Barbershop proprietor gives himself a clean fade.

Kiran Kai's "Passports" Produced by Skepta Is a "Love Letter to London"
Music

Kiran Kai's "Passports" Produced by Skepta Is a "Love Letter to London"

The latest tack from his upcoming debut EP ‘XYZ.’

10 Items to Keep Your Space Neat and Organized
Design 

10 Items to Keep Your Space Neat and Organized

Boost your spring cleaning with a little home improvement.

'John Wick' Will Be Free To Watch Tomorrow
Entertainment

'John Wick' Will Be Free To Watch Tomorrow

Lionsgate continues its string of livestream events in order to raise money for COVID-19-impacted workers.

Nike ACG Moc 3.0 Takes On Tie-Dye Prints
Footwear

Nike ACG Moc 3.0 Takes On Tie-Dye Prints

Colorful spiraled graphics coat the unique silhouette’s upper.

More ▾
 
We got you covered. Don’t miss out on the latest news by signing up for our newsletters.

By subscribing, you agree to our Terms of Use and Privacy Policy.