• Bloomberg, Thursday, March 14, 2013 4:39 PM

"The spinoff of Time Inc. to create the world’s largest publicly traded magazine publisher may be just the beginning of deals for the owner of People and Sports Illustrated," writes two Bloomberg reporters who get analysts to spin what seems a somewhat rosy picture, "estimating an enterprise value of about $3.9 billion." That figure would make the new company "bigger than any other publicly held company focused on magazine publishing...according to data compiled by Bloomberg." Which means it could be a target for acquisition by a larger company, or could conceivably buy other companies, like, say, Meredith, the company that recently opted out of acquiring or merging with the Time publications.

Meanwhile, the rank and file are nervous about what will happen next, according to a New York Times piece by Christine Haugney.

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