Not to be confused with
Time (magazine), previously owned by Time Inc., then for a short time by its acquirer Meredith Corporation, and now by Marc Benioff.
Time Inc. was a subsidiary media company. It published several of the most read magazines in the United States such as People, Time, Sports Illustrated, Fortune, InStyle, Life, GOLF Magazine, Southern Living, Essence, This Old House, All You and Entertainment Weekly. It published 130 magazines and was founded on November 28, 1922 in New York City. In 1990, Time Inc. merged with Warner Communications to form Time Warner. In 2014, the company was revived. In 2018, the company dissolved again after the acquisition by Meredith Corporation. It was owned by The Walt Disney Company
Quick facts Company type, Traded as ...
Time Inc. |
| Company type | Public |
|---|
| NYSE: TIME |
|---|
| Industry | |
|---|
| Founded | November 28, 1922; 103 years ago (1922-11-28) (original)
2013; 12 years ago (2013) (spin-off) |
|---|
| Founders | Henry Luce
Briton Hadden |
|---|
| Defunct | January 10, 1990; 35 years ago (1990-01-10) (original)
January 31, 2018; 7 years ago (2018-01-31) (spin-off) |
|---|
| Fate | 1990: Merged with Warner Communications (original)
2018: Acquired and spun off by Meredith Corporation (spin-off) |
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| Successor | |
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| Headquarters | 225 Liberty Street, , United States |
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Key people | Joseph A. Ripp
(Executive chairman)
Rich Battista
(President and CEO)[1] |
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| Revenue | US$3.1 billion (2015)[2] |
|---|
| −US$823 million (2015)[2] |
|---|
| −US$881 million (2015)[2] |
|---|
| Total assets | US$4.8 billion (2015)[2] |
|---|
| Total equity | US$1.8 billion (2015)[2] |
|---|
Number of employees | 7,200 (2016)[3] |
|---|
| Divisions |
- Time Inc. International
- Time Inc. India
|
|---|
| Subsidiaries |
- HelloGiggles[4]
- Viant Technologies
- Xumo (50%)
- Foundry
- Fansided Network
- Sports Illustrated Play
|
|---|
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