- Reuters, Thursday, May 5, 2016 1:52 PM
For the first time in six quarters, Time Inc reported an increase in quarterly revenue,
on Thursday.
“Digital advertising revenue rose 23.2 percent in the first quarter, helped by acquisitions, including advertising company Viant in February,” Reuters reports. Meanwhile, “The
company said … it plans to launch an online channel for People and Entertainment Weekly, extending its 'LIFE' brand to virtual reality platform.”
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