Time Inc. Book Value and Fair Values Getting Closer:
In 10Q, company warns it may have to take a hit in earnings later this year.While there are pockets of good news on the ad revenue side of the publishing business these days, overall publishers are still duking it out on the front lines. This is illustrated for better or worse in Time Inc.'s 10-Q report released last week. The publishing giant's revenues dropped nine percent in the second quarter to $858 million and six percent for the half to $1.6 billion.
