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Magazine publisher and broadcast company Meredith Corp. said Sunday afternoon it will acquire Time Inc. in a deal valued at $2.8 billion, a further sign of the steep challenges facing the print magazine industry. The Des Moines, Iowa-based company said in a statement that it has agreed to pay... Continue reading at 'Los Angeles Times'
[ Los Angeles Times | 2017-11-27 00:00:00 UTC ]
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Media companies have been streamlining their businesses by cleaving off underperforming print units from more lucrative TV, film and digital businesses. Just this year, Time Warner spun off magazine division Time Inc., Tribune Company split apart its TV and newspaper businesses and Gannett... Continue reading at 'Advertising Age'
[ Advertising Age | 2014-10-24 00:00:00 UTC ]
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