Print Editions Of 6 Meredith Brands, Including ‘InStyle,’ Shutting Down (mediapost.com)

*Reported Revenue Increased 18%; *Diluted EPS Increased 43% to $4.47; *Reported Operating Profit Margin Increased 2,560 Basis Points to 79.2% *Revenue Growth was Driven by Strength Across Five of Six Divisions, Offset by a Sharp Decline in Revenue Related to Debt Issuance *Merger-Related Divestitures Announced or Completed

First-quarter U.S. e-commerce sales grew 14.1% compared with the first quarter of 2017, according to Adobe Analytics’ Digital Dollar report—a new year-round report that tracks revenue trends beyond the holidays. While not as strong as Q4’s 2017 year-over-year growth of 14.7%, Adobe says this is the first-ever Q1 with more than $100 billion in U.S. online retail revenue. Adobe’s data is based on an analysis of more than 1 trillion visits to more than 4,500 retail sites and 55 million SKUs, and it measures online transactions at what Adobe considers to be 80 of the largest 100 U.S. web retailers. Click Read More below for additional information.

Wenner Media is selling Rolling Stone, its last magazine brand, just shy of its 50th anniversary. The publisher sold its other two magazines, Us Weekly and Men’s Journal, to American Media Inc. earlier this year. It continues to publish Glixel, its video-games site launched last November. “I love my job, I enjoy it, I’ve enjoyed it for a long time,” founder Jann Wenner, 71, told The New York Times, which broke the story. Wenner added that letting go of the title is “just the smart thing to do.” “Publishing is a completely different industry than what it was,” he told the NYT. “The trends go in one direction, and we are very aware of that.” Once known as the counterculture music, pop-culture and entertainment magazine founded by Wenner in 1967, the publication has recently been caught in controversy. That includes a huge blow to its reputation when it retracted a discredited 2014 article about a rape at the University of Virginia. Rolling Stone was hit with three libel lawsuits as a result, and has had to pay $3 million in damages. Click Read More below for more of the story.