Family Circle, a pillar of women's magazines, shuts down after 87 years [MSNBC.com]
Meredith Corporation (MDP)
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Source: MSNBC.com
Family Circle, a pillar of women's magazines, will shut down after 87 years Family Circle, one of the venerable Seven Sisters of cozy home magazines, will shut down after it sends its December issue to its millions of subscribers, its publisher said Wednesday. Meredith Corp., which bought Family Circle in 2005, also owns similar magazines like Better Homes & Gardens, Real Simple, Magnolia, Martha Stewart Living and Southern Living, many of them acquired when the company bought Time Inc.'s magazine assets in 2017 Meredith said at the time that it hoped to generate $500 million in new revenue through cost cuts and sales Family Circle had slightly more than 4 million subscribers at the end of June, the last period for which complete figures were available, according to the Alliance for Audited Media. Those customers will get other magazines from the company's stable, Meredith said. Family Circle, which was founded in 1932, was classed as one of the leading women's interest magazines in A
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