With its continued sell-off of Time Inc. titles, Meredith is significantly reducing what it paid for those it kept, like People and InStyle.
Edward Felsenthal is taking on the dual role of lead editor and chief executive officer under the new ownership of billionaire Marc Benioff.
The magazine is about to exit a post-sale transition period and is putting executives in place to evolve the brand.
The director has been at InStyle for two years.
Brown, a budding influencer, is set to take on even more “personal projects.”
The sale to billionaire Marc Benioff already includes plans to add staff, but also a multiyear deal with Meredith.
InStyle’s Laura Brown and Laura Frerer-Schmidt celebrate the new issue and Meredith acquisition.
The media company is expecting final bids very soon, WWD has learned.