NEW YORK (AP) — A clutch of way of life and pop society magazine titles — such as Entertainment Weekly, InStyle and Health and fitness — will finish their print editions and go electronic-only.
The 6 magazines — also counting EatingWell, Parents and People today en Español — were being formerly owned by Meredith Company and will be out there only on the web commencing April.
Other former Meredith manufacturers will retain their print operates for now, including Men and women, Much better Households & Gardens, Southern Living and Foods & Wine.
“It is not news to anybody that there has been a pronounced change in readership and marketing from print to digital, and as a consequence, for a handful of important brands, print is no lengthier serving the brand’s main function,” Dotdash Meredith CEO Neil Vogel said in a memo to his team acquired by The Related Press.
The shutdown comes only months just after IAC/Interactive Corp, guardian organization of DotDash Meredith, acquired the titles from Meredith for $2.7 billion in Oct. The deal shut in December.
The shift was initial described by The Wall Road Journal and is just the latest sign of print media’s declining circulation and profits. The transfer will direct to 200 work becoming minimize, primarily supporting the print operations. It represents much less than 5% of the corporation employee population.
“Naysayers will interpret this as an additional nail in print’s coffin,” Vogel wrote. “They could not be additional completely wrong — print remains main to Dotdash Meredith.” He observed that the business will print above 350 million publications in 2022.
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