Time Inc. spinoff: streamlined, but leaderless

On Thursday, Time Warner investors were giving the thumbs up to Wednesday's announcement that the media giant would be spinning off its troubled magazine division—pushing shares up 2% in midday trading, on top of the 6% increase that followed reports last month of a sale of Time Inc.But magazine industry-watchers said the spinoff raised doubts about the publisher's future and seemed to be one more example of the missed opportunities that have plagued the division for years."This clearly was Plan B," said magazine consultant Peter Kreisky.Like some other observers, he felt the company would have been better served by a deal with Meredith Corp. that was under discussion last month and would have combined that publisher's women's-oriented titles with most of Time Inc.'s. Talks reportedly disintegrated partly because Time Warner did not want to be left with magazines that did not fit in with Meredith's, including Fortune, Time and Sports Illustrated."A deal with Meredith would have given [the combined entity] scale and focus," Mr. Kreisky said. "The fact is that changing [the Time Inc.] culture is extraordinarily difficult, and that's the challenge that this new company will continue to face."Mr. Kreisky had firsthand knowledge of those difficulties two years ago as an advisor to Jack Griffin, the onetime Meredith Corp. executive who lasted less than six months as Time Inc.'s CEO before a culture clash forced his departure.Experts say a key challenge for Time Inc. will be... Continue reading at 'Crains New York'

[ Crains New York | 2013-03-08 00:00:00 UTC ]
News tagged with: #magazine business #significant amount #$420 million #operating income #real simple #including people #leading titles

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The Opportunities and Casualties of the Time Inc. Spinoff

With Time Inc. spinning off from Time Warner early next year, what will happen to the corporate entanglements between the two? The fact is, there hasn’t been that much synergy to speak of, but some relationships will be affected. Those in the crosshairs include: CNNMoney.com The spinoff’s... Continue reading at AdWeek

[ AdWeek | 2013-09-23 00:00:00 UTC ]
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Time Inc. spinoff delayed until early next year

Time Warner said Tuesday that it won't complete its plan to separate Time Inc. division into an independent company this year as anticipated, prolonging a period of uncertainty at the publishing division just a little bit longer.Executives now intend to complete the spinoff early next year, Time... Continue reading at Crains New York

[ Crains New York | 2013-08-08 00:00:00 UTC ]
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Time Inc. spinoff could lead to more deals

The spinoff of Time Inc. to create the world's largest publicly-traded magazine publisher may be just the beginning of deals for the owner of People and Sports Illustrated.With analysts estimating an enterprise value of about $3.9 billion—a measure of what it could cost to buy a company—an... Continue reading at Crains New York

[ Crains New York | 2013-03-15 00:00:00 UTC ]
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Time’s up for Time Out as London print edition of magazine to be axed

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[ The Guardian | 2022-04-12 19:02:26 UTC ]
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Times of India, New York Times, News Corp Share Content-to-Commerce Case Studies

Leaders of content-to-commerce initiatives at three global news media companies shared in-depth looks at how those projects started and how they are Continue reading at Editor & Publisher

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BookExpo 2018: Authors Tell Booksellers, It's Best of Times, It's Worst of Times

BookExpo kicked off with the traditional adult book breakfast featuring three comedians, two novelists, and one history professor drawing laughs even while explaining how political and social upheavals inspire their writing. Continue reading at Publishers Weekly

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Portraits from the L.A. Times Studio at the 2018 Los Angeles Times Festival of Books

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The New York Times, Washington Post, Time Inc and others begin testing micropayments

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How Conde Nast, New York Times, Hearst Are Adapting for Real-Time Bidding

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[ Advertising Age | 2013-11-18 00:00:00 UTC ]
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Time Inc.'s Joe Ripp: After Time Warner Split, Our Cash Will Stay Ours

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[ Advertising Age | 2013-09-25 00:00:00 UTC ]
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Time Warner Names Joe Ripp CEO of Time Inc.

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[ AllThingsD | 2013-07-22 00:00:00 UTC ]
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Time Warner names Joseph Ripp CEO of Time Inc.

Time Warner Inc. has named Joseph Ripp the next CEO of Time Inc., resolving one big question as the publishing unit prepares to strike out on its own but surprising observers who had bet on another candidate.Mr. Ripp is CEO of OneSource Information Services, a business information provider. He... Continue reading at Crains New York

[ Crains New York | 2013-07-22 00:00:00 UTC ]
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Time Warner spinning off Time Inc. magazine biz this year

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[ Crains New York | 2013-03-07 00:00:00 UTC ]
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Time Warner Dumps Time Inc., and Wall Street Loves It

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Time Warner Put the "For Sale" Sign on Time Inc. Last Fall

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Time Warner in talks to sell part of Time Inc.

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[ Crains New York | 2013-02-14 00:00:00 UTC ]
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Media Decoder Blog: Time Warner Picks New Head for Time Inc. Magazine Unit

The selection of Laura Lang, the head of the digital ad agency Digitas, would add online expertise to the country’s largest magazine publisher. Continue reading at The New York Times

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Time-Tested Kids’ Religious Titles

'Hope for the Flowers' and 'The Jesus Storybook Bible' are marking milestones this year after years as backlist backbones for their publishers. Continue reading at Publishers Weekly

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