Time Inc. Looking To ‘Reduce The Number Of Magazines It Publishes’

teen_people_folds_time_inc.jpgVia today’s Wall Street Journal:

[Teen People‘s shutterring] is part of an overall effort at Time Inc. to reduce the number of magazine it publishes, according to people familiar with the matter.

Again, this strategy makes much more sense than it did when Hachette folded ElleGirl. But it’s a strategy we should expect to see played out frequently now.

FishbowlNY’s Teen People Coverage:

  • Teen People‘s Search For Fall Interns Seems Unnecessary Now
  • Teen People Folds: 50 Staffers Affected; Reps Say ElleGirl‘s Demise Had ‘Nothing To Do’ With Decision
  • Teen People Folds: Less Shocking Than ElleGirl
  • Breaking: Teen People Folds