Steven Kotok To Samir “Mr. Magazine™” Husni: That’s Why Bauer Sold The Celebrity Titles To AMI. A Mr. Magazine™ Exclusive

June 15, 2018

In response to a story on Page Six about the sale of Bauer’s celebrity titles In Touch, Life & Style, and Closer and the Teen magazines to American Media (AMI), I reached to Steven Kotok, CEO of Bauer Media Group for a comment. His comment follows:

The Celebrity group grew its ad and retail marketshare last year but this isn’t about short-term considerations. Long-term we feel we can build and sustain the most value and strength focusing on our market-leading, very differentiated women’s service business. Woman’s World and First for Women are the #1 and #2 bestselling retail titles in the country, in any category; they are editorially excellent and utterly unique. That is a strong platform to build on. The celebrity titles can best thrive under a single owner and AMI is a great company to do that.

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