Intoducing: The Time Inc. Entertainment Group

Time Inc is unifying/reorganizing its entertainment properties under the rubric of the newly-formed Time Inc. Entertainment Group. The Time Inc. Entertainment Group is a combination of The People Group — People,, People en Espanol, and StyleWatch — along with the Entertainment Weekly properties. Paul Caine will become President of the new group, replacing Dave Morris. From Nat Ives of AdAge:

”Ad pages at Entertainment Weekly from January through September fell 9.1% from the same period last year after dipping 7.6% in 2006, according to the Publishers Information Bureau. People, the industry leader in ad pages and estimated revenue, held pages essentially flat through the first three quarters of this year after a 2.9% slip last year.”