Saturday, April 13, 2024

TIME Has No Meaning for Meredith Publishers, They Just Wanted People, Entertainment Weekly


TIME Magazine is for sale again.

After being purchased with all the other Time-Life magazines to Meredith Publications, a new sale has emerged.

Reports are that Meredith just wanted People, InStyle, Golf Magazine, and Entertainment Weekly. They’re now going to try and sell Time, Sports Illustrated, Money, and Fortune. Apparently they’re too serious for the readers of Ladies Home Journal.

Who will buy the big four? Hard to say. Conde Nast could be interested. But it’s sad that Meredith isn’t interested in real journalism. But the Koch brothers invested $650 million into the Meredith deal to buy Time Inc. And you know, the last thing they want are real magazines. Sewing and cooking are more their speed.

Henry Luce turns over in his grave once more.

Roger Friedman
Roger Friedman
Roger Friedman began his Showbiz411 column in April 2009 after 10 years with Fox News, where he created the Fox411 column. His movie reviews are carried by Rotten Tomatoes, and he is a member of both the movie and TV branches of the Critics Choice Awards. His articles have appeared in dozens of publications over the years including New York Magazine, where he wrote the Intelligencer column in the mid 90s and covered the OJ Simpson trial, and Fox News (when it wasn't so crazy) where he covered Michael Jackson. He is also the writer and co-producer of "Only the Strong Survive," a selection of the Cannes, Sundance, and Telluride Film festivals, directed by DA Pennebaker and Chris Hegedus.

Read more

In Other News