Tag: David J. Pecker
America Media, Inc. (AMI) has purchased 37-year-old Soap Opera Digest from previous owner Source Interlink Media. As followers of Soap Opera Network knew, America Media licensed Digest from Source Interlink on April 14, 2011, wherein American Media would retain editorial, advertising, marketing and distribution control of the magazine and its sister publications Soap Opera Weekly and Pixie! (both now defunct), while ownership would remain with Source Interlink.
While "All My Children" and "One Life to Live" were receiving worldwide attention after it was announced that ABC had decided be cancel both series on the afternoon of what is now known as Black Thursday (April 14), magazine publisher Source Interlink quietly made noise of its own that very morning when it announced it would be laying off more than half of its employees working on popular magazines Soap Opera Digest and Soap Opera Weekly. Now comes word that the company, which handed over editorial, advertising, marketing and distribution control of the magazine's to American Media, which runs such rags as The National Enquirer, has officially laid off the affected individuals.