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Time Inc

Time Inc.
Public
Traded as TIME
S&P 400 Component
Industry Publication
Fate Merged with Warner Communications
Successor Time Warner
Founded November 28, 1922; 94 years ago (1922-11-28)
Founder Henry Luce
Briton Hadden
Defunct 1990; 27 years ago (1990)
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 an American mass media company 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 owns the UK magazine house Time Inc. UK, whose major titles include What's on TV, NME, Country Life and Wallpaper. Time Inc. also 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.

In 1990, Time Inc. merged with Warner Communications to form the media conglomerate Time Warner. This merger lasted until the company was spun off on June 9, 2014.


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