"hearst" news and stories

There has been talk in the past few months that several staff members of Every Day with Rachael Ray were being hired by another company to fill up slots for a competing magazine. Now it looks like those rumors might be true.

Portfolio is reporting that Hearst and Scripps are going to team up with Food Network to create a new food and lifestyle magazine based on the network. This is still in the planning stages, so it's not clear what TV personalities (if any) will be involved and what format/frequency the magazine would take, though obviously Rachael Ray won't be involved.

So...would you read a Food Network magazine, or do you think the network has changed so much that it wouldn't have anything you'd be interested in?