Showing posts with label AMI. Show all posts
Showing posts with label AMI. Show all posts

Monday, August 6, 2012

American Media, Inc. Buys Soap Opera Digest After Licensing For The Past 18 Months

David J. Pecker, Chairman, President and CEO of American Media, Inc. (AMI), today announced the acquisition of Soap Opera Digest, a print publication that first launched in 1975.

AMI has been operating Soap Opera Digest under a licensing agreement from Source Interlink Media. AMI closed the deal on July 20, 2012 with an ownership effective date of June 1, 2012. Soap Opera Digest is a weekly magazine that has a circulation of over 200,000.

Soap Opera Digest will be a part of the AMI Celebrity & Entertainment Group. Stephanie Sloane will remain Editor-In-Chief and David Jackson will remain Group Publisher of Soap Opera Digest. They will report directly to David J. Pecker.