Owner Meredith also revealed that People’s top editor Dan Wakeford has been given the additional title of editorial director of entertainment.
The Des Moines, Iowa-based publisher recorded a 22 percent increase in digital advertising revenues to $161.2 million.
The quarterly magazine’s first issue will be released in early March and priced at $12.99.
A roundup of who’s been hired, fired or maybe just jumped ship in media land over the last two weeks.
The four figures were chosen for the impact they made this year.
People Every Day debuts on Feb. 1 in partnership with iHeart Media.
The publisher of People and InStyle has stressed that there are no imminent plans for a separation.
Local media political spot advertising grew 43 percent compared with two years ago, while national digital advertising was up 15 percent year-on-year.
Companies slashed their marketing budgets due to the pandemic, impacting the whole media industry.