Time Inc.
The Time Inc. division publishes approximately 150 titles worldwide. It is the leading magazine publisher in the U.S. and UK, and is understood to be profitable at US$5 billion in annual revenues. As of January 2007, the unit is experiencing downsizing. In January 2007, the Bonnier Magazine Group agreed to acquire 18 magazines that Time Inc. was divesting. The magazines in the package employed 550 people and included Field & Stream, Outdoor Life, Ski, Yachting, and TransWorld Snowboarding, as well as 11 other titles that were part of Time Inc.'s Time4Media Group. Also included were Parenting, and Baby Talk, which were part of the Parenting Group.
Read more about this topic: Time Warner
Famous quotes containing the word time:
“...In the past, as now, [Hollywood] was a stamping ground for tastelessness, violence, and hyperbole, but once upon a time it turned out a product which sweetened the flavor of life all over the world.”
—Anita Loos (1888–1981)
“It’s true, as Marya Mannes says: “No one believes [a woman’s] time to be sacred. A man at his desk in a room with a closed door is a man at work. A woman at a desk in any room is available.””
—Lillian Breslow Rubin (20th century)