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The encyclopedia · Strategy & Leadership · Strategic decision · 1998–2006

Teen People invented a genre — Time Inc. cut it first when the audience moved

Time Inc.'s 1998 People spin-off; print ended after the September 2006 issue — the audience had already moved to blogs and MySpace.

Teen People · Time Inc. · 2006-09

What happened

Time Inc. launched Teen People in 1998 as a spin-off of People, credited with spawning a new genre of teen fashion magazines: celebrity-driven, style-forward, aimed at readers too young for the parent title. For a few years the formula worked, even as the category's publishers struggled to refill their subscriber bases while readers outgrew each magazine every few years.

The franchise rotted from its own subject. By 2006 the celebrity details Teen People sold were free and instant on gossip blogs and MySpace, and the magazine could not come out fast enough to matter. In 2006 Time Inc. announced Teen People would stop publishing in print after the September issue, and would focus exclusively on its website. The company declined to explain the move; in the same wave, rivals YM and Elle Girl had come off newsstands too, and publishers were betting their teen brands on the web.

The people who had made it delivered the autopsy. Beauty editor Tia Williams said the audience was 'growing out of turning to print magazines for details on their favorite celebrities' — they got instant gratification elsewhere. Syracuse professor Melissa Chessher put the business logic plainly: in a downturn publishers limit themselves to one title per category, and spin-offs are judged 'less valuable than older, more iconic brands.'

Why it happened

  • The magazine's core product — celebrity detail — became free and daily on blogs and MySpace, and a monthly could not compete on its own subject.
  • When ad spending tightened, publishers consolidated to one title per category; the spin-off was cut before the flagship it was built from.
  • Teen People carried People's name but not its strength — against dedicated teen rivals it had no lane of its own left once the celebrity moved online.
What it costprint edition dead at eight yearscostly

The lesson

A spin-off rents its parent's brand equity until the category contracts — then it is the first thing cut, because the name was borrowed and the audience moved.

Aftermath

The September 2006 issue was the last in print; Teen People continued as a website while the genre it invented — celebrity-first fashion for teens — was carried on by gossip blogs and social pages that cost nothing to print.

Sources

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