Time Inc. announced today that it will shutter the print edition of Teen People, continuing the title as an online-only publication.
In a memo to employees Tuesday, Time's CEO Ann Moore and John Huey, Teen People's editor-in-chief, promised, "We will continue to invest in the brand through TeenPeople.com, which shows promise and growth."
Magazine ad sales have been losing share to Internet ads in recent years. According to TNS Media Intelligence, consumer and Sunday magazines grew 3.6 percent last year, while B2B magazines declined by 0.3 percent. During that same time, Internet display advertising grew by 13.0 percent.
A similar move was made earlier this year by Hachette Filipacchi with its ElleGirl title, which ceased print publication in favor of an online-only presence.
The print magazine and Web site launched together in 1998. The last print magazine will be the September issue, which hits newsstands August 4. According to a report in the Wall Street Journal, this is just the first of many titles that will lose their print editions in coming months.
On the heels of a fantastic event in New York City, ClickZ Live is taking the fun and learning to Toronto, June 23-25. With over 15 years' experience delivering industry-leading events, ClickZ Live offers an action-packed, educationally-focused agenda covering all aspects of digital marketing. Register today!
Pamela Parker is a former managing editor of ClickZ News, Features, and Experts. She's been covering interactive advertising and marketing since the boom days of 1999, chronicling the dot-com crash and the subsequent rise of the medium. Before working at ClickZ, Parker was associate editor at @NY, a pioneering Web site and e-mail newsletter covering New York new media start-ups. Parker received a master's degree in journalism, with a concentration in new media, from Columbia University's Graduate School of Journalism.
Hong Kong, May 5-6, 2015
Gartner Magic Quadrant for Digital Commerce
This Magic Quadrant examines leading digital commerce platforms that enable organizations to build digital commerce sites. These commerce platforms facilitate purchasing transactions over the Web, and support the creation and continuing development of an online relationship with a consumer.
Paid Search in the Mobile Era
Google reports that paid search ads are currently driving 40+ million calls per month. Cost per click is increasing, paid search budgets are growing, and mobile continues to dominate. It's time to revamp old search strategies, reimagine stale best practices, and add new layers data to your analytics.
May 6, 2015
12:00pm ET/9:00am PT