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
JUNE 09, 2014
NYS DOS ID#
NYS Entity Type
DOMESTIC BUSINESS CORPORATION
2014 - PGS PRINT, INC.
AROUND THE WEB
- Time Inc. Cuts 300 Jobs
Wednesday Jun 14, 2017
- Welcome to the softer side of gutted Sears stores
By John Biggs - Monday Jun 12, 2017
If there is any indication of the cultural import and effect of the “millennials” – a term I dislike for reasons I will explain later – look no further than America’s malls. The Baby Boomer hubris and NIMBYism that sent malls into further and further orbits from city centers has come home to roost and it promises to change the face of retail in a big way. First,… Read More
- NY Times sees jump in digital subscription revenue
By Reuters - Thursday Jul 27, 2017
The New York Times said on Thursday its digital subscription revenue overtook print advertising revenue for the first time — a key milestone in the 166-year old publisher’s efforts to transform itself into a digital media powerhouse. The company’s shares rose as much as 7 percent to their highest since the 2008 financial crisis as...
- 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.
- Food & Wine Magazine Will Leave New York for Alabama
By STEPHANIE STROM - Friday Jun 23, 2017
The move reflects a changing business in which traditional food magazines, and a Manhattan address, are less important.