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''People'' is an American weekly magazine that specializes in celebrity news and human-interest stories. It is published by Dotdash Meredith, a subsidiary of IAC. With a readership of 46.6 million adults in 2009, ''People'' had the largest audience of any American magazine, but it fell to second place in 2018 after its readership significantly declined to 35.9 million. ''People'' had $997 million in advertising revenue in 2011, the highest advertising revenue of any American magazine. In 2006, it had a circulation of 3.75 million and revenue expected to top $1.5 billion. It was named "Magazine of the Year" by '' Advertising Age'' in October 2005, for excellence in editorial, circulation, and advertising.Martha Nelson Named Editor, The People Group
, a January 2006 Time Warner press release.
''People'' ranked number 6 on ''Advertising Age''s annual "A-list" and number 3 on '' Adweek''s "Brand Blazers" list in October 2006. ''People''s website, People.com, focuses on celebrity news and human interest stories. ''People'' is perhaps best known for its yearly special issues naming the "World's Most Beautiful", "Best & Worst Dressed", and "Sexiest Man Alive". The magazine's headquarters are in New York City, and it maintains editorial bureaus in Los Angeles and in London. For economic reasons, it closed bureaus in Austin,
Miami Miami ( ), officially the City of Miami, known as "the 305", "The Magic City", and "Gateway to the Americas", is a coastal metropolis and the county seat of Miami-Dade County in South Florida, United States. With a population of 442,241 at th ...
, and
Chicago (''City in a Garden''); I Will , image_map = , map_caption = Interactive Map of Chicago , coordinates = , coordinates_footnotes = , subdivision_type = List of sovereign states, Count ...
in 2006.


History

Andrew Heiskell, who was the chief executive officer of Time Inc. at the time and the former publisher of the weekly Life magazine, is credited with coming up with the idea for People. The founding managing editor of ''People'' was Richard Stolley, a former assistant managing editor at ''Life'' and the journalist who acquired the Zapruder film of the