'Every Day With Rachael Ray' Acquired by New Publisher
Food magazine Every Day with Rachael Ray is making a move. The magazine and related digital assets are switching publishers from Reader’s Digest Association to Meredith Corporation. The acquisition is expected to close later in the fall, Meredith announced in a press release.
“The acquisition of Every Day with Rachael Ray will further extend our leadership and deepen our reach in providing women with best-in-class food content, while offer advertisers multiple avenues to reach them,” stated Meredith National Media Group President Tom Harty. Meredith Corp. is known for publishing Better Homes and Gardens, Fitness and American Baby.
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Every Day with Rachael Ray was launched by Reader’s Digest Association in 2005. It prints 10 issues per year, and reaches an audience of 7.3 million.
“Everything to me is about family and I am so excited that Every Day with Rachael Ray will now be joining the Meredith family,” said Rachael Ray. “We are very proud to have established a loyal following by creating a new perspective in the food space with our magazine.”
When Reader’s Digest Association announced the sale, a statemement explained that it intended to focus its resources on its main brands, including Reader’s Digest magazine and Taste of Home.