Time Inc.

Formerly one of the largest magazine publishers in the United States with a broad portfolio of iconic consumer media brands and significant digital advertising operations.

Time Inc. was one of the largest and most influential media companies in the United States, operating as a subsidiary of Time Warner for most of its history. Founded in 1922 alongside its flagship publication Time magazine, the company grew to become a publishing powerhouse with a portfolio of iconic titles including People, Fortune, Sports Illustrated, InStyle, Entertainment Weekly, and dozens of other consumer magazines. At its peak, Time Inc. reached hundreds of millions of readers globally and commanded significant advertising revenue across print and digital platforms. As a subsidiary of Time Warner, Time Inc. was spun off as an independent publicly traded company in June 2014, trading on the New York Stock Exchange under the ticker symbol TIME. The spinoff was intended to allow both Time Warner and Time Inc. to pursue separate strategic paths, but Time Inc. faced significant headwinds from the broader decline of print advertising and the shift of media consumption to digital channels. The company invested heavily in digital transformation, acquiring properties and building out data-driven advertising capabilities to compete in the evolving media landscape. In November 2017, Meredith Corporation announced its acquisition of Time Inc. for approximately $2.8 billion, with financial backing from Koch Equity Development. The deal closed in January 2018, marking the end of Time Inc. as an independent entity. Following the acquisition, Meredith sold several of the most iconic Time Inc. titles — including Time, Fortune, Money, and Sports Illustrated — to various buyers, as they did not align with Meredith's core focus on women's lifestyle content. The Time Inc. brand was effectively dissolved and absorbed into Meredith's operations.