Wednesday, September 25, 2013

Time Inc. CEO Open to More Acquisitions

On an Advertising Week panel, oe Ripp said that Time Inc. has suffered from living in Time Warner’s shadow for years. Time Inc. is rich in profits, cash flow, database and audience, and his job now is to invest that cashflow in creative ideas for the publishing company, he said. He’s not ruling out acquisitions of digital or print properties, he said, noting that Time Inc. just bought American Express Publishing’s titles. 
NY Post