The Hollywood Reporter has been dying a slow death for a decade, bleeding from layoffs, vanishing advertisers and diminished relevance in a news cycle now dominated by cutthroat entertainment blogs.
Its top editors and executives all agreed: to save The Reporter, a mere refocusing of the business model would not do; they needed to eviscerate it. Starting next month, Janice Min, who became the editorial director in June, and Richard Beckman, chief executive of The Reporter’s parent company, e5 Global Media, will remake the five-times-a-week publication as a glossy, large-format weekly magazine.
A daily digital edition, in a PDF file, will replace the daily printed version distributed to subscribers now.
•CLICK HERE to read the New York Times story.