Thursday, February 14, 2013

More on Time/Meredith Talks

Time Warner is in talks to shed much of Time Inc., the country’s largest magazine publisher and the foundation on which the $49 billion media conglomerate was built, according to people involved in the negotiations. Time Warner is in early discussions with the Meredith Corporation to put most of Time Inc.’s magazines.
Time Inc. Sale Talk Shocker Meredith said to eye women's division, including People and InStyle The publishing world got a jolt today with reports that Time Warner is in talks to sell its publishing unit Time Inc., a move that would cap years of speculation.
Meredith Corp., the company that's reportedly in talks to buy most of Time Inc., couldn’t be more different from the publishing giant.