Time Inc. CEO as Sale Talks End: 'This Company Has Largely Under-Exposed Its Brands'

It's official: Time Inc. has not found a buyer -- and is no longer considering offers. In an announcement that put a cap on months of speculation over who would buy the publishing giant and when, Time Inc. said Friday morning that the "Company will continue to pursue its strategic plan."The magazine group, home to brands including Sports Illustrated, People and Time, outlined said strategic plan in corporatespeak that veered from predictable to scary. As any good publisher plan would, it calls for an emphasis on video and "continued growth in digital audiences and digital revenues." It also promised "selective portfolio rationalization" and "continued aggressive reengineering of the cost structure of the Company."These are trying times for magazine publishers. Magazines' print ad revenue, still a crucial source of revenue for the industry, will decline 2% to $12.4 billion this year, according to a recent forecast from eMarketer, and slip another 0.5% next year. Continue reading at AdAge.com Continue reading at 'Advertising Age'

[ Advertising Age | 2017-04-28 00:00:00 UTC ]
News tagged with: #friday morning #strategic plan #magazine group #continued growth #digital audiences #digital revenues #magazine publishers #crucial source

Other news stories related to: "Time Inc. CEO as Sale Talks End: 'This Company Has Largely Under-Exposed Its Brands'"

Former Time Warner Cable CEO and industry leader Glenn Britt dies

Glenn Britt, a former chairman and chief executive of Time Warner Cable and a leader in the pay-television industry for many years, died of cancer Wednesday at his New York City home at the age of 65. Continue reading at Los Angeles Times

[ Los Angeles Times | 2014-06-12 00:00:00 UTC ]
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Time Home Entertainment Moving Sales to TWR

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[ Publishers Weekly | 2014-04-29 00:00:00 UTC ]
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New Tribune Publishing CEO Jack Griffin Wants to Develop Company's Marketing Arm

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[ Advertising Age | 2014-03-07 00:00:00 UTC ]
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Google's New Real-Time Audience Measurement Is a Brand Play

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[ AdWeek | 2014-02-11 00:00:00 UTC ]
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Did sales affect Time's pick for Person of the Year?

Did Time magazine pick Pope Francis as its Person of the Year because he'll sell more magazines than Edward Snowden? That's what some media outlets and Twitter users suggested Wednesday after the new pontiff beat out Mr. Snowden for the recognition.Business Insider, for instance, wrote:"Snowden,... Continue reading at Crains New York

[ Crains New York | 2013-12-12 00:00:00 UTC ]
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Did Newsstand Sales Affect Time's Choice for Person of the Year?

Did Time magazine pick Pope Francis as its Person of the Year because he'll sell more magazines than Edward Snowden? That's what some media outlets and Twitter users suggested Wednesday after the new pontiff beat out Mr. Snowden for the recognition.Business Insider, for instance, wrote:"Snowden,... Continue reading at Advertising Age

[ Advertising Age | 2013-12-12 00:00:00 UTC ]
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[ The Bookseller | 2013-12-05 00:00:00 UTC ]
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Washington Post Co. Renamed Graham Holdings Company to Mark Sale of Newspaper

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[ Editor & Publisher | 2013-11-18 00:00:00 UTC ]
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New York Times Ad Chief: Branded Content Units Coming Soon

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[ Advertising Age | 2013-10-29 00:00:00 UTC ]
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[ Crains New York | 2013-08-01 00:00:00 UTC ]
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[ Publishing Perspectives | 2013-07-31 00:00:00 UTC ]
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[ The Bookseller | 2013-01-17 00:00:00 UTC ]
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[ Publishing Perspectives | 2013-01-17 00:00:00 UTC ]
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[ AdWeek | 2013-01-09 00:00:00 UTC ]
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[ The Bookseller | 2012-11-14 00:00:00 UTC ]
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[ The Bookseller | 2012-11-08 00:00:00 UTC ]
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[ Editor & Publisher | 2012-10-18 00:00:00 UTC ]
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[ Editor & Publisher | 2012-10-10 00:00:00 UTC ]
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[ Media Week | 2012-10-02 00:00:00 UTC ]
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[ Crains New York | 2012-08-18 00:00:00 UTC ]
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