People magazine was founded on March 4, 1974, by Andrew Heiskell, who was the chief executive officer of Time Inc. at the time. The idea came from Heiskell's desire to create a magazine focused on people rather than issues, getting back to the individuals who were causing or caught up in the news. Richard Stolley, a former assistant managing editor at Life magazine, became the founding managing editor of People. Today, People is owned by Dotdash Meredith, a subsidiary of IAC (InterActiveCorp), following a series of acquisitions and mergers. Based in New York City, People primarily covers celebrity news, entertainment gossip, and human-interest stories. The magazine also reports on royals, crime, fashion, and lifestyle topics. While not extensively covering sports or politics, People does touch on these areas when they intersect with celebrity culture. The magazine has expanded its reach through various platforms, including print, digital, podcasting, TV, video, and social media. **One interesting fact**: Despite being a major voice in celebrity journalism today, People had humble beginnings. The magazine was initially printed in black and white except for its cover, and its first issue featured stories on topics as varied as Gloria Vanderbilt, Aleksandr Solzhenitsyn, and the wives of U.S. Vietnam veterans who were missing in action.