Nearly 65 percent of U.S. magazines now have a digital replica edition, but those editions make up just under three percent of overall circulation. For some individual titles, though, digital growth was a lot more impressive. Read more »
Martha Stewart Living Omnimedia announced poor third-quarter earnings Friday morning, which did not come as a surprise following the layoffs and magazine closures the company announced Thursday afternoon. Publishing and broadcasting revenues fell significantly, with a bright spot in the merchandising segment. Read more »
Facing declining advertising pages and the need to emphasize digital as audiences turn away from print, Martha Stewart Living Omnimedia announced it will stop selling “Everyday Food” as a standalone monthly magazine and will sell off “Whole Living.” It is also laying off 70 employees. Read more »
