March 2018 Move to Give Leading Entertainment Brand Even Bigger Presence in Hollywood
(NEW YORK, NY, October 4, 2017)—Time Inc. (NYSE: TIME) has announced that ENTERTAINMENT WEEKLY (EW) will move its headquarters to the company’s Los Angeles bureau effective March 2018. This strategic relocation will provide EW with more frequent and deeper engagement with talent, studios and networks in the entertainment industry. EW Editor-in-Chief Henry Goldblatt will relocate to LA, continuing his leadership of EW under Jess Cagle, Editorial Director, Style & Entertainment Group. The EW team will be the newest addition to the LA-based office, which also houses the West Coast bureau of PEOPLE, members of Time Inc.’s other brands and departments, and a new state-of-the-art television and video studio.
“Giving ENTERTAINMENT WEEKLY an even bigger presence in Hollywood will provide its passionate audience of more than 28 million with more of what they want. Henry and his team have skillfully set up EW for continued growth by building out new revenue streams and brand extensions in television, video, radio, OTT, live media and other digital and social platforms, including our EW Snapchat channel,” said Cagle, adding, “With our beautiful new television and video studio in close proximity to the Hollywood community we expect it to become a frequent destination for talent.”
In August 2017, EW.com had 18.7 million visitors, increases of 5% MoM and 16% YoY. Internal metrics for September show that EW.com surpassed its previous traffic records, attracting its largest number of visitors in almost two years. September also marked the highest number of video streams to date for EW’s video programming—at 11.1 million, according to internal data. At the same time, the brand launched a new series for Facebook’s Watch, “Entertainment Weekly Cast Reunions,” which is available on Facebook’s mobile, desktop and TV platforms with a new episode airing each Thursday. In 2018, EW in partnership with A&E Networks, is scheduled to introduce an eight-part documentary series entitled “Cultureshock,” produced in conjunction with Morgan Spurlock’s Warrior Poets.
Goldblatt commented, “My excitement for this new chapter in EW’s 25-year history is rivaled by the elation I felt when I joined the brand in 2002. I’m extremely grateful to CEO Rich Battista and the Time Inc. executive leadership team for their unwavering support and commitment to our future. With this pivotal move, EW is better positioned than ever before for continuing success and opportunity.”
At the new headquarters, Goldblatt will join Ellie Duque, LA-based Senior Vice President, Entertainment Group Sales and EW Brand Sales, who is responsible for growing entertainment-related advertising revenue across Time Inc.’s brands and platforms.
ABOUT ENTERTAINMENT WEEKLY
ENTERTAINMENT WEEKLY is your all-access pass to Hollywood’s most creative minds and most fascinating stars. The magazine was launched by Time Inc. in 1990 and is America’s leading consumer publication in the entertainment category, with a guaranteed circulation rate base of 1.5 million and a combined audience of almost 28 million loyal, engaged fans. Each day, EW.com publishes a myriad of feature stories, news articles, TV recaps, original videos, film reviews and photo galleries. The PEOPLE/ENTERTAINMENT WEEKLY Network remains the No. 1 site in its competitive set, with close to 100 million monthly unique visitors. ENTERTAINMENT WEEKLY is the first to know about the best in entertainment. With sharp insight, unparalleled access and a trusted voice, EW keeps readers plugged into pop culture. This is where the buzz begins.
ABOUT TIME INC.
Time Inc. (NYSE:TIME) is a leading multi-platform consumer media company that engages over 170 million consumers globally every month. The company's influential brands include PEOPLE, TIME, FORTUNE, SPORTS ILLUSTRATED, INSTYLE, REAL SIMPLE, SOUTHERN LIVING and TRAVEL + LEISURE, as well as approximately 60 diverse international brands. Time Inc. offers marketers a differentiated proposition in the marketplace by combining its powerful brands, trusted content, audience scale, direct relationships with consumers and unique first-party data. The company is home to growing media and platforms, including digital video, OTT, television, licensing, paid products and services and celebrated live events, such as the TIME 100, FORTUNE Most Powerful Women, PEOPLE’s Sexiest Man Alive, SPORTS ILLUSTRATED’s Sportsperson of the Year, the ESSENCE Festival and the FOOD & WINE Classic in Aspen.
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