Culture + Travel, the mostly ignored and barely read magazine that was the toast of the town when owner and Canadian billionairess Louise (McBain) Blouin hired former Conde Nasty James Truman to run the show, has since been plagued with high-profile departures, staffer exits, gossip leaks, and a situation barely more sustainable than China's algae nightmare. One might think, so many months later, that things are finally rebounding. One might also be an idiot!

Culture + Travel, the idiosyncratic young magazine known for its high-minded approach to travel writing, has been hit with substantial budget cuts about three months after trade journalism vet Bruce Morris joined its parent company, Louise Blouin Media (LBM), as chief operating officer.

To C+T readers, the most obvious change involves the magazine’s publication schedule: Starting this November, it will move from a bimonthly schedule to a quarterly one.

Circulation is also apparently going down—according to Mr. Morris, copies of the magazine will be sent to a total of 40,000 subscribers. Last August, that number was at 75,000, according to an interview conducted at the time with C+T’s editor-in-chief, Kate Sekules.

[NYO]