Time Warner Discussing Sale Of Time Inc.

CNN, Wednesday, February 13, 2013 4:06 PM
  • Comment
  • Recommend
Subscribe to Around the Net In Media

Tags

Time Warner is in talks with a "serious buyer" to sell off its $3.4 billion publishing arm, Time Inc., according to sources cited by Fortune reporters. The potential deal being discussed, which "may never come to fruition," could include Time Warner still maintaining control of at least three titles --  Time, Sports Illustrated, and Fortune. The rationale for keeping those pubs is "not clear," since it's People, "said to be the most profitable magazine in the world," that's the top prize.

Read the whole story at CNN »

Be the first to comment on "Time Warner Discussing Sale Of Time Inc."

Leave a Comment

Sign in to leave a comment. Don't have an account? Join Now

Recent Around the Net In Media Articles

>> Around the Net In Media Archives