Canadian Publishing Industry News
28 February 2022, NEW YORK
InStyle, 5 other mags stop printing
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About 200 staff are expected to be let go as the company embarks on a major digital push. The job losses represent less than 5% of the company's workforce and the April issues of all six magazines would be their final print editions, the company said.
Dotdash bought the magazines last fall in its $2.7 billion deal for Meredith Corp, also acquiring titles such as People, Allrecipes, and Investopedia.
Dotdash reaches about 100 million online consumers monthly with its roster of 14 media brands in health, finance, and lifestyle.
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Jaded says: | |
Wow, Torstar really seems to be on a mission to bankrupt one magazine after another.... |
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Full of terrific information, Thanks!... |
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