Simplify the following text for a Grade 3 native English-speaking person.
Original: During the first five months of 1901 , Picasso lived in Madrid , where he and his anarchist friend Francisco de AsÃ s Soler founded the magazine Arte Joven ( Young Art ) , which published five issues .
Simplified: He went back to Madrid in 1901 . There , he worked for a newspaper called Arte Joven .