Media Life reports that Travel + Leisure Golf magazine will be folding. They say the ad pages for the publication plunged 14% in 2008 and 54% in the fourth quarter of last year.
"While the award-winning editorial product has enjoyed a loyal and passionate following, the current advertising climate has severely impacted the magazine's bottom line to where the short-term and mid-term prospects for the magazine are not viable," president and CEO Ed Kelly said in a statement.
The combination of the Internet and a recession is making print magazine closures a common thing but it's still sad when a good magazine is lost. The publication's website can be found here.
Media Life 
