Does this smell the same as Dick Smith, Maplin, Radio Shack?
Customer's needs and the market changes. Inept management makes moves in the wrong direction and the dinosaur dies, instead of evolving as needed.
EE's aren't the greatest at managing things like this, they (we) are technical types and don't have awareness of the popular social aspect, the business component.
I think electronics magazines can succeed, they just need to make adjustments and keep on track with the market.
What if we put together something about what to ditch and what to keep or expand for content?
Otherwise, it's all guesswork for a magazine's management, editors and crew. Pretty tough.