Teen People, is likely to shut down its print section largely owing to the squeezing revenue from advertisements. Moreover, a large part of readership has diverted towards the online version of the magazine. It is one of the major magazines to be launched simultaneously in print and on web.
The decision has been taken by the Time Inc. and the media analysts expect a few more changes at other Time Inc. publications. Time Inc, that has proved to be massive revenue generating arm for Time Warner is at present struggling to keep its readership and advertisers intact in the internet dominated media.