The magazine was sold to Petersen Publishing in June 1998.
"Our ultimate goal is to get our trademark back and to have the teenmagazine.com trade name come back to Petersen Publishing."
In 1999, Petersen Publishing bought the title.
Kaljakin began her career in advertising by joining Petersen Publishing.
He sold Motorcyclist to Petersen Publishing in 1970 and retired in the early 1970s.
Petersen Publishing is unusual in that it includes a collection of so many magazines, while most magazine sales typically involve one individual title.
Petersen Publishing took over with the January 1975, issue.
Emap paid $1.5 billion for the magazines in 1998, with its purchase of Petersen Publishing.
Petersen Publishing went public in 1997, and in 2001, after several changes in ownership, it was sold to Primedia Inc.
Emap, a British publisher, has struggled with its American magazines since it paid $1.5 billion to buy Petersen Publishing in 1998.