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Time, Incorporated

Time Inc.
Public
Traded as
Industry Publication
Founded November 28, 1922; 94 years ago (1922-11-28)
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 DecreaseUS$3.1 billion (2015)
Decrease US$-823 million (2015)
Decrease US$-881 million (2015)
Total assets Decrease US$4.8 billion (2015)
Total equity Decrease 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.com

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.


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