Public | |
Traded as | |
Industry | Publication |
Founded | November 28, 1922 |
Founder |
Henry Luce Briton Hadden |
Headquarters | 225 Liberty Street, New York City, New York, United States |
Key people
|
Joseph A. Ripp (Executive Chairman) Rich Battista (President and CEO) |
Products |
Magazines Mass media Events Websites |
Revenue | US$3.1 billion (2015) |
US$-823 million (2015) | |
US$-881 million (2015) | |
Total assets | US$4.8 billion (2015) |
Total equity | US$1.8 billion (2015) |
Number of employees
|
7,200 (2016) |
Parent | Time Warner (1990–2014) |
Divisions |
Time Inc. UK Time Inc. International Time Inc. India |
Subsidiaries |
HelloGiggles Viant Technologies Myspace Xumo (50%) Foundry Fansided Network Sports Illustrated Play |
Website | timeinc |
Time Inc. is a multinational mass media corporation founded on November 28, 1922 by Henry Luce and Briton Hadden and based in New York City. It owns and publishes over 100 magazine brands, most notably its flagship Time. Other magazines include Sports Illustrated, Travel + Leisure, Food & Wine, Fortune, People, InStyle, Life, Golf Magazine, Southern Living, Essence, Real Simple, and Entertainment Weekly. It also has subsidiaries which it co-operates with the UK magazine house Time Inc. UK, whose major titles include What's on TV, NME, Country Life, and Wallpaper. Time Inc. also co-operates over 60 websites and digital-only titles including MyRecipes, TheSnug, HelloGiggles, and MIMI.
Time Inc. also owns the rights to LIFE, a well-known magazine that has been published in many different formats. Time Inc. currently owns and runs LIFE.com, a website dedicated to news and photography.