We hear that home decorating magazine Elle Decor is in trouble, and it may not survive into next year. Hear anything? Email us. Could this be related to "the steep decline in the middle market for the shelter category" that's forcing Hachette to close HOME magazine after its October issue? Click through for the internal memo on this latest magazine death. UPDATE: Hachette's PR rep tells us that Elle Decor is "strong and profitable" and will not be shut down—just HOME.

Message from Jack Kliger, President & CEO, Hachette Filipacchi Media U.S. I have announced today that due to the steep decline in the middle market for the shelter category the company will suspend publication of HOME magazine with the October issue. It is difficult to close a magazine, particularly when it means that some of our colleagues’ positions will be affected. I want to thank the very talented editorial and sales teams for years of hard work and dedication to this brand. The current economic environment is difficult, and the mid-market home sector has been particularly hard hit. When the middle market recovers, we will consider future publication of HOME using the special interest publication newsstand model. Jack Kliger