In a story we had been following since it was first reported last April that Soap Opera Weekly and Soap Opera Digest magazines would fall under the umbrella of American Media, publishers of such mags as Star and TV Guide, Soap Opera Network has learned that after 22 years Soap Opera Weekly (launched in November 1989) will be shuttered and its April 10, 2012 issue will be its last.
On Thursday, May 12, Soap Opera Network broke news when we reported that layoffs occurred earlier this week at Soap Opera Digest and Soap Opera Weekly after American Media, Inc. officially took over editorial, advertising, marketing and distribution control of both publications from Source Interlink Companies, which retains ownership of both titles. Now comes word that Lynn Leahey, Editorial Director of both magazines along with lesser known title Pixie, is stepping down. We're told it was her decision.
After 72 years on air between radio and television, CBS's "Guiding Light" will cease broadcasting on the CBS Television Network due to low ratings. Love may save the world, but apparently it wasn't enough to save television's longest running daytime drama. Even with having its name published in the Guinness World Record Book and winning three Daytime Emmy's for Best Drama Series (the most recent being in 2007), "GL" found itself unable to withstand the mass exodus of viewers from the traditional daytime soap format in recent years.