Date Posted: Monday 21st October 2019
Meredith Corporation in the USA has announced that it will close Family Circle (USA title) magazine, effective with the December 2019 issue.
Doug Olson, President of Meredith Magazines, states, "When we acquired the Time Inc. portfolio of media brands in January 2018, we doubled our presence in the women's lifestyle category. Our portfolio philosophy continues to emphasize investing in brands that are market leaders and/or possess the highest growth potential. Sometimes, that means making hard decisions. Fortunately, we have been able to find new roles for some of the Family Circle team, and I would like to thank the entire group for its hard work and wish those employees affected the best in future endeavors."
Founded in 1932, Meredith acquired Family Circle in 2005 as part of its purchase of Gruner + Jahr USA. It is currently published 12 times a year with a ratebase of 4 million.
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