Soap opera largely aired soap opera reruns, began to be phased out in 2012 and fully ceased operations the following year. The Daytime Emmy Awards, which honor soap operas and other daytime shows, moved from primetime network television to smaller cable channels in 2012, then failed to get any TV broadcast at all in 2014, 2016, and 2017. Several of the U.S.’s most established soaps ended between 2009 and 2012. The longest-running drama in television and radio history, "Guiding Light", barely reached 2.1 million daily viewers in 2009 and ended on September 18 of that year, after a 72-year run. "As the
Soap Opera Digest had up to 1.4 million subscribers. In 1980, Network Publishing Corporation purchased the magazine from Shapiro, who went on to found "Soap Opera Update". Rupert Murdoch's News Corporation bought the magazine from Gerry M. Ritterman in 1989. Ritterman had owned "Soap Opera Digest" for three years before selling it to Murdoch Magazines; Ritterman earned more than $50 million from his share of the $70 million purchase price. According to Ritterman, he'd purchased the magazine at 750,000 subscribers and sold it at 1.3 million. Murdoch sold Soap Opera Digest to K-III Communications in 1991. K-III was renamed Primedia in 1997, and