As Time Inc.prepares to spin off from its corporate conglomerate, headed by its fourth CEO in five years, it's unclear where it's headed, according to "interviews with analysts and current and former
employees and executives," writes Joe Pompeo. In fact, "these sources painted a picture of a company with legendary brand value that’s caught somewhere between being a rudderless ship full of
print products and an innovator that’s well-equipped to navigate media’s digitally-oriented future (with $1.3 billion worth of debt and declining revenues in tow, no less)."
Read the whole story at Capital New York »