Report: It's Time For Time Warner To Sell Time 4

  • January 25, 2007
Time Warner, the world's largest publisher of consumer magazines, is continuing to downsize its portfolio, striking a deal to sell 18 enthusiast titles in its Time 4 Media Group to Sweden's Bonnier Group for more than $200 million, reports the New York Post. The paper reports that is a loss from the $300 million Time Warner originally paid for the magazines, which include such titles as Field & Stream, Outdoor Life, TransWorld Snowboarding, Yachting, and Salt Water Sportsman.
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