Joseph Ripp will become the new CEO of Time Inc., the company announced on Monday. Mr. Ripp will start in September, shortly before the print division is spun off from Time Warner. Time Warner said in March that it would spin off Time Inc., the division devoted to magazines including Time, Sports Illustrated, and People.
The Time Inc. CEO at the time, Laura Lang, said that she would step down after the split. Time Warner began looking for a new CEO, a search that has dragged on for nearly five months.
Jed Hartman has just been named group publisher of news and business at Time Inc. He will oversee ad sales and marketing at Time, TIME.com, Fortune, FORTUNE.com, Money and CNNMoney.com. Mr. Hartman has been the publisher of Fortune and CNNMoney.com for the past two years. Before that, Mr. Hartman was the publisher of The Week.
Touré, the author Who’s Afraid of Post-Blackness?, has been busy! Not only did he co-host Housingworks’ Gin Mingle fundraiser this week, the annual gin-soaked bookstore party, but he also wrote a marriage column for Time magazine.
Digitas digital ad firm CEO Laura Lang has been picked to run Time Inc., Time Warner’s magazine business, reports Time Warner had been looking for a magazine chief since February,when Jack Griffin was fired after just five months on the job. Chairman Jeff Bewkes said that his management style “didn’t mesh” with Time Inc. and Read More
Off the Rails
Related’s Steve Ross is determined to get his Hudson Yards mega-development built. The developer began demolition work earlier this year, and a slew of new renderings has been trickling out online. He also boldly declared he would secure at least 3.5 million square feet of leases this year. One of those could Read More
New Time Inc. CEO Jack Griffin, who recently took over as the chair of Magazine Publishers of America, announced his first move as the new chair of the consumer magazine trade group this morning: a rebranding effort. The group will henceforth be known as “MPA — The Association of Magazine Media.”
The new initials come Read More
Getting Money, Money
Apple is getting closer to unveiling its digital newsstand — the iTunes of newspaper and magazine iPad subscriptions. The Wall Street Journal reported this morning that Apple could unveil its subscription marketplace in the coming months or, if a few kinks in the technology aren’t resolved, early next year.
Magazines and newspapers have Read More
Time Inc.’s new CEO Jack Griffin received $1.4 million from Meredith when he left the company to take over from Ann Moore, according to 10-K Form the company filed with the SEC last week. The money accounted for a few remaining months of Mr. Griffin’s salary and a year-end bonus worth $1,256,301. The business Read More
The Time Inc. Business Continuity Group (that exists) sent out a memo to the entire staff this afternoon with some tips about how to stay safe during Hurricane Earl, which is heading our way generally. Nobody is really safe.
Bring your lightweight objects inside! If you own a boat, moor it! If you go Read More
A new video from The Onion brutalizes Time magazine, debuting a fictional new Time Advanced for adults that works on the assumption that the current newsweekly is aimed at children.
Most damning perhaps are interviews with actual children who claim to have already outgrown Time. “I mean, none of my friends want to read a Read More