Is Time Inc. Being Pushed Out?

    NEW YORK, NY - FEBRUARY 13: Issues of InStyle magazine are displayed at a newsstand in Manhattan on February 13, 2013 in New York City. Time Warner Inc. is reportedly in talks to sell most of its magazine group, including People, InStyle and Entertainment Weekly, to the Meredith Corporation. Time Warner would reportedly retain control of flagship titles Time, Sports Illustrated and Fortune. (Photo by Mario Tama/Getty Images)

    InStyle on newsstand in Manhattan on Wednesday. (Mario Tama/Getty)

    There might be a lot less Time in that Time Warner logo—and that's because Time Warner is ditching their lowly magazine titles, writes Daivd Carr in The New York Times. Time Warner is reportedly in talks with the Meredith Corporation—publisher of Better Homes, Ladies’ Home Journal and more—to create a new, publicly traded company that includes much of Time Inc.’s magazines and Meredith’s titles as well. It's just the latest example of a company pushing out the unwanted print publications, writes Carr, a trail first blazed by News Corp.'s decision last year to separate their entertainment and print assets. If Time Warner loses so much of Time Inc., it proves how much times have changed in the magazine world.

    Read it at The New York Times