Gourmet magazine is going on a permanent diet, it just got canceled. With close to a million readers just last year, Conde Nast is pulling the plug and boarding up the kitchen. Gourmet is one of the oldest food magazines on the stands. Misery enjoys company, Conde Nast also announced the folding of Modern Bride, Elegant Bride and Cookie magazine. It’s not easy being a publisher lately, revenue from ads are at all time low. The flood gates will only widen soon with other closures.