• WSJ (paid subscription required), Thursday, January 5, 2006 11 AM

Martha Nelson, the managing editor of Time Inc.'s People magazine, has been promoted to editor of a newly created unit called the People Group. She will be succeeded by Larry Hackett, who is currently deputy managing editor of the magazine. Nelson, who was brought to People from In Style, of which she was the founding editor, is widely thought to be a future candidate for the role of editorial director or editor in chief of Time Inc.  In her new position, she will oversee the People franchise as well as Teen People, People Espanol, a number of special editions bearing the magazine's logo, and the People.com Web site.  People, with a circulation of 3.8 million, is Time Inc.'s largest and most profitable magazine.

Read the whole story at WSJ (paid subscription required) »