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BS: Time Magazine sold, others for sale

keberoxu 16 Sep 18 - 07:32 PM
Joe Offer 17 Sep 18 - 01:44 AM
leeneia 18 Sep 18 - 02:45 PM

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Subject: BS: Time Magazine sold, others for sale
From: keberoxu
Date: 16 Sep 18 - 07:32 PM

The Wall Street Journal article today
reports on the sale of Time Magazine in the USA.

Out of touch as I am,
this is the first I had heard of it,
but the news goes back to March of this year.

The other three items in the March 2018 for-sale status
are Sports Illustrated,
Money,
and Fortune, as in "Fortune 500" I believe.

These are being sold
by the same publisher responsible for
People
and Better Homes and Gardens,
which it seems are not for sale.

The Wall Street Journal article also states
that Time Magazine was founded by two Yale graduates,
another fact that is new to me.


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Subject: RE: BS: Time Magazine sold, others for sale
From: Joe Offer
Date: 17 Sep 18 - 01:44 AM

I've been a subscriber to Time most of my life. It's still a pretty good magazine, but it certainly doesn't enjoy the reputation it had in the days of Henry Luce. Time has a readership of 26 million. Its spinoff celebrity magazine, People has a circulation of 46.6 million. the Meredith Corporation bought Time, Inc., in November 2017. Now it appears that Meredith is keeping People and selling off all the other Time Inc. publications.

-Joe-


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Subject: RE: BS: Time Magazine sold, others for sale
From: leeneia
Date: 18 Sep 18 - 02:45 PM

People is all about celebrities, except for the one article per issue about a sensational crime. The magazine must cost almost nothing to produce, and it shows.

They always wait to report on the sensational crime until other journalists have located the pictures and summed up the action.

But some doctor's offices - that's all there is to read.


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