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From Times Staff and Wire Reports

Punch Magazine to Stop Publishing: After 150 years of tickling British readers with genteel satire and distinctive cartoons, Punch magazine has gone down for the count. Today, fewer and fewer readers are willing to pay for Punch, and the publisher’s choice was to pull the plug as of April 8. Graham Wilson, managing director of United Newspapers, the parent company, said it could no longer absorb the magazine’s losses, estimated at more than $1.7 million last year. Punch first published on July 17, 1841, as a radical paper, but it evolved into an upper-class institution.

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