Time Inc to Cut Newsstand Price of People Magazine by $1

New York Post: Time Inc., under pressure to boost revenue, is taking an odd route: It’s cutting the newsstand price of People, its most profitable title, by $1. People will sell for $4.99 rather than $5.99 at supermarkets and other newsstands, and for $5.99, down from $6.99, at airports and transit hubs. The hope is that the lower price entices more consumers to pick up a copy.