Celeb weeklies squeezed
Bauer Publishing Group has joined the ranks of magazines making cuts this season, dropping the rate bases at both its weekly celebrity magazines and cutting staff at Life and Style. As of January 2009, In Touch, which currently boasts a circulation of 1 million, will see its rate base reduced by 20%, to 800,000, and Life and Style will drop its weekly rate base 27%, from 550,000 to 400,000.
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