Tuesday, June 18, 2024

Ladies Home Journal Shutting Down After 131 Years, Announcement Hidden in Earnings Release


Ladies Home Journal is dead. It’s no longer monthly after 131 years. The news came hidden in an earnings press release from Meredith Publishing earlier this morning.

In the third paragraph of a boring financial notice, this is what is written: “The special items include transaction-related expenses resulting from previously announced agreements to purchase broadcast assets; selected workforce reductions, including those associated with transitioning Ladies’ Home Journal to a special interest publication and closing the Company’s sales force training practice; and certain other non-cash items.”

Huh? That’s how you close a magazine and tell a staff that the jewel in the crown of a publishing company is dead after 13 decades. Remember when Meredith thought they were merging with Time Inc? Things in Iowa must have been worse than they admitted.

Weird side note: for some reason I received a copy of LHJ in the mail the other day. Never asked for it. I guess it’s a souvenir now.

Roger Friedman
Roger Friedmanhttps://www.showbiz411.com
Roger Friedman began his Showbiz411 column in April 2009 after 10 years with Fox News, where he created the Fox411 column. His movie reviews are carried by Rotten Tomatoes, and he is a member of both the movie and TV branches of the Critics Choice Awards. His articles have appeared in dozens of publications over the years including New York Magazine, where he wrote the Intelligencer column in the mid 90s and covered the OJ Simpson trial, and Fox News (when it wasn't so crazy) where he covered Michael Jackson. He is also the writer and co-producer of "Only the Strong Survive," a selection of the Cannes, Sundance, and Telluride Film festivals, directed by DA Pennebaker and Chris Hegedus.

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