Time Inc. in the context of "Warner Communications"


Time Inc. in the context of "Warner Communications"

Time Inc. Study page number 1 of 1

Answer the Time Inc. Trivia Question!

or

Skip to study material about Time Inc. in the context of "Warner Communications"


⭐ Core Definition: Time Inc.

Time Inc. (also referred to as Time & Life, Inc. after its two former flagship magazines) was an American worldwide mass media corporation founded on November 28, 1922, by Henry Luce and Briton Hadden. Based in New York City, the company owned and published over 100 magazine brands, including its namesake Time, Sports Illustrated, Travel + Leisure, Food & Wine, Fortune, People, InStyle, Life, Golf Magazine, Southern Living, Essence, Real Simple, and Entertainment Weekly. It also operated subsidiaries alongside Time Inc. UK (later sold and rebranded as TI Media), whose major titles included What's on TV, NME, Country Life, and Wallpaper. Aditionally, Time Inc. managed over 60 websites and digital-only titles, such as MyRecipes, Extra Crispy, TheSnug, HelloGiggles, and MIMI.

In 1990, Time Inc. merged with Warner Communications to form the media conglomerate Time Warner (now Warner Bros. Discovery), with Time Inc. continuing as a subsidiary. In 2014, to focus on its three entertainment divisions, Warner Bros., Turner, and HBO, Time Warner spun off Time Inc. as a public company trading on the New York Stock Exchange. In 2018, the Meredith Corporation acquired Time Inc. for $2.8 billion. Three yars later, Meredith was acquired by IAC and merged with Dotdash to form Dotdash Meredith, resulting in IAC gaining most of the former Time Inc. assets.

↓ Menu
HINT:

πŸ‘‰ Time Inc. in the context of Warner Communications

Warner Media (previously named Time Warner) was an American multinational entertainment conglomerate. For the last four years of its existence, it was owned by AT&T. It was headquartered at the 30 Hudson Yards complex in New York City and its core businesses were in film, cable television, and streaming.

Time Warner was established on January 10, 1990, from the merger between Time Inc. and Warner Communications. After purchasing Turner Broadcasting System in 1996, Time Warner became the world’s largest media conglomerate, but its unsuccessful merger with AOL resulted in years-long corporate slimdown that culminated with Time Inc. being spun off on June 6, 2014. Despite Time no longer being a subsidiary, the Time Warner name continued to be used until June 14, 2018, when Time Warner was acquired by AT&T after a prolonged court battle and renamed to WarnerMedia.

↓ Explore More Topics
In this Dossier