Tag: Source Interlink Companies
On Sunday, November 13, The New York Times reported that American Media, Inc., which earlier this year purchased the licensing rights of both Soap Opera Digest and Soap Opera Weekly from owner Source Interlink, in which the company now oversees all aspects including editorial, advertising, marketing and distribution, would be launching a new weekly magazine dubbed Reality Weekly.
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.
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.