AMI’s $80M deal continues big consolidation in magazine industry

June 15th, 2018|

NEW YORK POST, June 15, 2018 by Keith J. Kelly. With Bauer’s titles, AMI now owns every large-scale celebrity magazine except Meredith’s People, the No. 1 title in the market. Meredith obtained the title when it bought Time Inc. in January. “AMI’s new-found scale in the celebrity category will pressure-test Meredith’s ability to sustain People’s leadership position in the unfamiliar world of celebrity weeklies,” said Peter Kreisky, a media industry consultant. Meredith says it is not concerned.