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PeopleTV is closing under new owner Barry Diller’s IAC

PeopleTV, People magazine’s television network, will shut down next month, The Post has learned.

Staff at the entertainment unit known for the Kay Adams-hosted show People — as well as coverage of the Oscars red carpet — were told of their fate on Tuesday.

A representative for parent company Dotdash Meredith confirmed the news, adding: “After a year and a half in a limited number of markets, People’s daily online and TV entertainment news show will air its final episode in late April.”

The spokeswoman continued, “We are giving our full attention to developing People’s digital, video and print futures, including our successful programs such as People Magazine Investigates, People Puzzler and Home Town Kickstart. We would like to thank Executive Producer Rob Silverstein and the entire team for the passion and energy they put into making the show happen every day.”

The closure of PeopleTV follows the announcement by IAC, Dotdash Meredith’s parent company, last month that it would sell the print editions of six glossy magazines it acquired when it bought Meredith Corp. acquired last year will close.

Donald Trump People Magazine cover alongside other celebrities at a stand. Donald Trump is a controversial Republican Party candidate for US President.
People’s television and streaming network, PeopleTV, is closing next month amid broader changes at its parent company.
LightRocket via Getty Images

Barry Diller’s own IAC said it will stop printing Entertainment Weekly, InStyle, EatingWell, Health, Parents and People en Español.

Though the print edition of People was spared, its editor-in-chief, Dan Wakeford, was not. Wakeford was replaced by earlier ones Real Simple Editor-in-Chief Liz Vaccariello.

The changes come after Diller’s IAC bought People magazine publisher Meredith for $2.7 billion last year and merged it with its digital division Dotdash to form Dotdash Meredith.

Barry Diller
Barry Diller-owned IAC bought Meredith and recently announced that it was ending print editions of six of its magazines.
Getty Images

Dotdash Meredith CEO Neil Vogel broke the news of the cuts in a memo to employees last month, saying the move would help transform the publications into digital-only brands.

Vogel also said the moves would result in the loss of about 200 jobs — accounting for less than 5% of Dotdash Meredith’s total workforce, a spokeswoman added. The company said the April issues of all six magazines are their final print editions.

“We’ve said from the start that buying Meredith is about buying brands, not magazines or websites,” Vogel said last month. “It’s not news to anyone that there has been a significant shift in readership and advertising from print to digital, and as a result, for some key brands, print no longer fulfills the core purpose of the brand.”

As for PeopleTV, the network, launched in 2016 by then-owner Time Inc., never really gained much momentum in the already saturated celebrity news market.

The channel appeared on streaming platforms like Roku, Amazon Fire TV, Tubi and Fubo and included shows from Meredith brands like InStyle, Entertainment Weekly, People and Real Simple, covering entertainment, fashion and food.

https://nypost.com/2022/03/23/peopletv-is-closing-under-new-owner-barry-dillers-iac/ PeopleTV is closing under new owner Barry Diller’s IAC

DUSTIN JONES

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