I was not surprised to read that IAC boss Barry Diller, who recently acquired Meredith, the largest U.S. magazine publisher, is axing the print publication of six titles, including InStyle and Entertainment Weekly. Diller, after all, knows better than most that print media is deader than the stuff it’s printed on. Few people still want to be in the business of cutting down trees, printing presses, unions and ink, especially if they are dependent on advertising as opposed to subscriptions.
Why Diller Swung the Axe
William D. Cohan
February 13, 2022
