Company Name | Time Inc. |
---|---|
Website | https://en.wikipedia.org |
Snippet | Time Inc. 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 an American worldwide mass media corporation founded on November 28, 1922, by Henry Luce and Briton Hadden and based in New York City. |
Fate | Merged with Warner Communications(original), Acquired by Meredith Corporation(spin-off) |
Type | Public |
Defunct | January 10, 1990; 31 years ago (1990-01-10)(original), January 31, 2018; 3 years ago (2018-01-31)(spin-off) |
Founded | 1922, 2014 |
Revenue | US$3.1 billion (2015)[2] |
Founders | Henry LuceBriton Hadden |
Industry | Digital media, Publishing, Events |
Divisions | Time Inc. International, Time Inc. India |
Successor | Time Warner(original), Meredith Corporation(spin-off) |
Traded as | NYSE: TIME |
Key people | Joseph A. Ripp(Executive chairman)Rich Battista(President and CEO)[1] |
Net income | −US$881 million (2015)[2] |
Headquarters | 225 Liberty Street, New York City, New York, United States |
Subsidiaries | HelloGiggles[4], Viant Technologies, Xumo (50%), Foundry, Fansided Network, Sports Illustrated Play |
Total assets | US$4.8 billion (2015)[2] |
Total equity | US$1.8 billion (2015)[2] |
Operating income | −US$823 million (2015)[2] |
Number of employees | 7,200 (2016)[3] |
Time Inc. is part of the United States company list
Time Inc. is part of the Publishing company list
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