Guggenheim Media’s Janice Min Says Mags Still Matter

Huffington Post: Where does today’s 24/7 glut of celebrity news and scandal leave the future’s celebrity-dependent magazine covers? “In the web’s infinite landscape, where anyone can be the star of his own Vine, covers actually matter more,” according to Janice Min, who runs The Hollywood Reporter and Billboard. “Remember, commodities rise in value when they are in limited supply. Could Kim Kardashian have broken the Internet with an Instagram post of her bare derriere? Maybe. But it became a sensation thanks to its ‘cool’ status on six-times-a year Paper magazine.”