TIME PUBLISHER CUTS CIRCULATION, REPORT SAYS
Time Inc. says it will publish fewer print issues for seven of its magazines, including “Fortune,” “Entertainment Weekly” and “Sports Illustrated.” The biggest change is at “Sports Illustrated,” which will drop to 27 issues annually from 38. Time is also reducing how many copies it prints of its namesake weekly magazine to 2 million from 3 million. Spokeswoman Jill Davison says the changes are intended to bolster the print business. Time Inc. has been working to cut costs and find new revenue streams.