'Rachael Ray' Mag to Lose Publisher Paul Jowdy in Sale
Meredith deal seen closing as early as this week
Meredith Corp. hasn’t yet completed its deal to buy Every Day With Rachael Ray, but when it does, Paul Jowdy, the magazine's publisher, won't be coming along, Adweek has learned.
Meredith announced Oct. 12 that it had reached an agreement in principle to buy the magazine from Reader’s Digest Association, which is selling off properties to focus on its key brands, like Reader’s Digest, Taste of Home, and The Family Handyman. Sources close to the deal said they expected it to be finalized this week.
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