• by Ray Schultz , December 18, 2024

Marc Benioff, chief executive officer of Time magazine, denies that there is any deal on the table to sell the publication, Bloomberg reports. 

Last month, reports said Benioff was discussing a possible sale to the Antenna Group.

Benioff and his wife Lynn purchased Time from Meredith Corp. in 2018 for $190 million, Bloomberg continues. 

“It’s extremely important that we do have fair and balanced journalism, and that’s why I’m very proud to be an owner of Time,” Benioff said, according to Bloomberg.

Earlier this month, Time named Donald Trump as its Person of the Year.