By Michael Tedder IAC spent roughly $2.7 billion to purchase the media company Meredith Corp. last year. Barry Diller’s media group IAC/InterActiveCorp (IAC) – Get IAC/InteractiveCorp. Report has announced that it will cease print publication of six magazine titles that it acquired last year: Entertainment Weekly, InStyle, EatingWell, Health, Parents and People en Español. The publications will continue on as digital-only brands. IAC spent roughly $2.7 billion to purchase the media company Meredith Corp. last year, publisher of titles such as Better Homes & Gardens, People, Food & Wine, combin…