Time Inc.

Time Inc.
Company type	Public
Traded as	NYSE: TIME
Industry	Digital media; Publishing; Events;
Founded	November 28, 1922; 102 years ago (original); 2013; 11 years ago (spin-off)
Founders	Henry Luce; Briton Hadden
Defunct	January 10, 1990; 34 years ago (original); January 31, 2018; 6 years ago (spin-off)
Fate	1990: Merged with Warner Communications (original); 2018: Acquired and spun off by Meredith Corporation (spin-off)
Successor	Time Warner; (Original); Meredith Corporation; (Spin-off);
Headquarters	225 Liberty Street, New York City, New York, United States
Key people	Joseph A. Ripp; (Executive chairman); Rich Battista; (President and CEO)
Revenue	US$3.1 billion (2015)
Operating income	−US$823 million (2015)
Net income	−US$881 million (2015)
Total assets	US$4.8 billion (2015)
Total equity	US$1.8 billion (2015)
Number of employees	7,200 (2016)
Divisions	Time Inc. International; Time Inc. India;
Subsidiaries	HelloGiggles; Viant Technologies; Xumo (50%); Foundry; Fansided Network; Sports Illustrated Play;

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

References