I certainly hope not...
I rang Arem this morning to find out about the lack of magazines since subscribing to their 'best of friends' subscription back in June.
I got a recorded message that went along the lines of "This is Arem Publishing. The offices are closed while we are in discussion about the future of the business." I was given the option to leave a message, but I saw no point.
So, I'm afraid that it looks like Arem is going to go the way of Creative Monochrome Pity.