Time Inc: Entertainment Weekly Is Not Going Away

TheWrap: There have been rumors about the future of Entertainment Weekly. Is there any chance EW will be going away? “No,” said Jess Cagle, editorial director of People and EW. “The arrival of Rich [Battista] is actually a tremendous sign in the confidence we have in EW. People is obviously a huge revenue driver for the company, but Time Inc. understands what I understand, which is EW is an incredibly strong brand that is still very profitable, but it’s under-leveraged.”