Time Inc., the nation's largest magazine publisher, announced a new round of layoffs and buyouts, affecting 300 positions or around 4% of the company's total headcount. Its shrinking headcount hasbeen a bellwether for the travails of legacy print publishers as ad dollars shifted to digital media over the last decade.
NYS Entity Status
NYS Filing Date
MAY 09, 2014
NYS DOS ID#
NYS Entity Type
DOMESTIC BUSINESS CORPORATION
2014 - CHAVOBART DIGITAL MEDIA, INC.
AROUND THE WEB
- Time Inc. Cuts 300 Jobs
Wednesday Jun 14, 2017
- Digital Media Stocks Take A Hit
Monday Jun 12, 2017
After a stock selloff on Friday, tech companies -- including new digital media companies -- continued their sharp declines on Monday. So-called FANG stocks -- Facebook, Amazon, Netflix, and Google(Alphabet Inc.) -- posted big drops.
- Name Game: Time Inc. Considers Rebranding
Friday Jul 14, 2017
To paraphrase Shakespeare: "What's in a name? Will rebranding reverse the long-term decline in print ad revenue or boost digital ad sales?" The idea of the country's largest magazine publisherchanging its iconic name is enough to cause a bit of controversy - at least in the insular world of legacy media.
- News Outlets to Seek Bargaining Rights Against Google and Facebook
By JIM RUTENBERG - Sunday Jul 9, 2017
A group of news organizations plans to ask Congress for the right to negotiate with the online giants, which are gaining greater shares of digital advertising and distribution.