Outgoing Time Inc. CEO Ann Moore announced her successor, Jack Griffin of Meredith, in a memo to her staff this morning (David Carr broke the news last Thursday).
To: Time Inc. Employees
From: Ann Moore
As many of you know first hand, I have always emphasized the Read More
Former Meredith executive Jack Griffin will be taking over for Ann Moore as CEO of rival Time Inc., the largest magazine publisher in the world, according to David Carr. The news broke hours after Time Inc.’s second-quarter earnings call. Revenue was flat.
In his most recent stint at stint at Meredith, Read More
One week of hindsight brings a few new angles on Rolling Stone’s virtual ouster of General Stanley McChrystal.
The story was a huge success, a comeback of sorts, for Rolling Stone, bringing extraordinary traffic to the magazine’s website — 2.2 unique visitors in two days last week, compared to the site’s Read More
It’s a small victory for Time Warner, but not insignificant: Time Inc.’s ad revenue and subscription income actually increased in the first three months of 2010, reports Peter Kafka.
Meanwhile, Time Inc.’s operating income improved dramatically to $50 million; a year ago the unit posted a $32 million loss. Chalk that up to Read More
In the past the National Magazine Awards, the big show where the American Society of Magazine Editors gives out “Ellies” to the year’s big magazine winners, have been lavish affairs. Lots of drinks. Chocolate fondue. Gowns and black ties at Jazz at Lincoln Center.
But this year, with the industry falling to its knees, the Read More
Time Inc. chief Ann Moore announced last night that there will be 600 layoffs at her company. None of Time Inc.’s 24 titles will fold.
The number amounts to about 6 percent of its total workforce, which has 10,200 employees worldwide and 7,000 in the country.
The Times‘ Tim Arango had the Read More
A little after 6 p.m. at the Frederick P. Rose Hall, Condé Nast president Richard Beckman was sharing a drink—vodka, olives—with Condé Nast CEO Chuck Townsend. The two were discussing the same thing everyone in the lobby of Jazz at Lincoln Center at the Time Warner Center was talking about: What the National Magazine Awards Read More
This afternoon, Time Inc. announced it was discontinuing Teen People magazine after the September issue. The title will survive on the Web, however. The full memo follows:
To: Time Inc. Employees
From: Ann Moore and John Huey
Re: Teen People
We regret to inform you that we are suspending publication of Teen Read More
