Daily Beast co-founder Edward Felsenthal is becoming managing editor of the Time website despite lots of uncertainty as Time Inc spins off from Time Warner. The news was first released via Twitter. Felsenthal replaces Time.com managing editor Cathy Sharick who took a buyout as part of a recent 6% company-wide layoff.
Did Time Warner Wait Too Long To Spin Off Time Inc?
Wall Street’s divided on the question this morning, with Time Warner shares up just 1.3% following the announcement last night that it will convert the publishing unit into a separate company by year end. Make no … Read More »
Time Warner Plans To Spin Off Time Inc
Time Warner’s talks with Meredith Corp about combining their magazines in a separate company collapsed today. But here’s Plan B for the media giant: It will spin off its publishing arm into an independent, publicly traded entity, likely by year end. Until recently, Time Warner execs scoffed when asked whether they’d consider mimicking News Corp, which is spinning off its newspaper assets. Now, though, Time Warner CEO Jeff Bewkes says the idea provides “strategic clarity” that will enable his company to “focus entirely on our television networks and film and TV production businesses.” Read More »
Time Inc Magazines Could Fetch $2.9B: Analyst
Will the company once known as AOL Time Warner soon become known just as Warner Communications? Probably not. But that’s one of the questions some people are playfully asking following Fortune’s disclosure that its parent company is talking … Read More »
Time Warner In Talks To Sell Time Inc: Report
UPDATE, 1:41 PM: Meredith, the publisher of Family Circle and the Ladies’ Home Journal, is the company that’s negotiating to buy Time Inc magazines, Fortune now says citing “two people familiar with the matter.” Meredith shares, which had been down about … Read More »
Time Inc Slashes Global Staff By 6%
The layoffs in the 8,000-person workforce will “come from all areas of Time Inc. across our locations – both domestic and international,” the magazine publishing unit’s CEO Laura Lang told staffers in a memo. No word yet on which … Read More »
Entertainment Journalism Likely To Be Hit As Time Inc Weighs Big Layoffs
The company that publishes Entertainment Weekly and People magazine — as well as Time, Fortune, and Sports Illustrated — is said to be preparing to lay off as many as 700 people as it grapples with declining ad … Read More »
Time Inc Names Martha Nelson Editor-In-Chief
Teri Everett Tapped To Head Communications At Time Inc
That didn’t take long. Teri Everett left News Corp at the end of last month as Rupert Murdoch’s chief communications officer, and now she has landed at Time Inc as EVP Corporate Communications. Her duties at the Time Warner … Read More »
Time Warner Picks Digital Marketing Exec Laura Lang To Run Time Inc
NEW YORK — Time Warner Inc. Chairman and CEO Jeff Bewkes today announced the appointment of Laura Lang as Chief Executive Officer of Time Inc. Ms. Lang will join the company from Digitas Inc. where she served as Chief Executive Officer since 2008. She will become CEO of the largest U.S. publishing company, home to such iconic brands as PEOPLE, TIME, INSTYLE, and SPORTS ILLUSTRATED, in January 2012.


