Martha Stewart Magazines Downsizing


Martha Stewart Living Omnimedia Inc. is downsizing its magazines and will cut publishing jobs as it increasingly focuses on online video and other digital content.According to the Associated Press, The lifestyle, media and merchandising company says the move could save it $33 to $35 million per year.{}Martha Stewart will stop publishing its monthly "Everyday Food" magazine as a standalone publication, instead periodically wrapping it into the company's flagship "Martha Stewart Living" magazine. The company will also seek to sell its "Whole Living" health and lifestyle magazine.{}