Time Inc. profile and media properties

Media Owners editors    Boulder Colorado USA

Posted at 9:17am on Wednesday, May 11, 2011

-- May 10, 2011 -- Perry Solomon is now VP, digital business development at Time Inc. He was previously VP, business development, new digital media at News Corporation.

Media Owners editors    Boulder Colorado USA

Posted at 9:17am on Monday, April 11, 2011

-- April 6, 2011 -- Cyndi Stivers, a digital development exec in the Style and Entertainment Group at Time, Inc., has left the company. She will continue to work with the company as a consultant.

Media Owners editors    Boulder Colorado USA

Posted at 12:20pm on Thursday, February 24, 2011

Griffin Firing Baffles Buyers

-- Industry left wondering what ouster says about Time Inc., Adweek magazine reported on February 23, 2011:

"Six days after Time Inc. CEO Jack Griffin was fired, an informal survey of media buyers shows there's a lot of bafflement over Griffin’s sudden ouster.

"I was shocked," Scott Daly, executive vice president, executive media director at Dentsu America, said by e-mail. "I had heard nothing but positive feedback from my sales contacts at Time Inc. (up through the publisher level). Splitting the news and sports groups made complete sense (esp. for sports). I thought the Randall Rothenberg hire was inspired and spoke to their digital commitment/transformation."

Rothenberg, whom Griffin hired as chief digital officer, decided to leave the company after his boss was fired. He’s returning to his old job at the Interactive Advertising Bureau.

Some saw Griffin's ouster in terms of a culture clash between the insular Time Inc. and Griffin, a rare example of a Time Inc. CEO who came from the outside.

"It's a strong culture, and seeing someone come in quickly and leave quickly doesn’t surprise me at all," said Peter Gardiner, partner, chief media officer, Deutsch."

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Media Owners editors    Boulder Colorado USA

Posted at 8:39am on Monday, February 21, 2011

On February 18, 2011, former Time Inc. CEO Jack Griffin issued a statement regarding his exit from the company after only a few months on the job:

"I was recruited and hired by Time Warner to lead the business transformation of Time Inc., based on my clear record of success and results in the industry. This continued at Time Inc., with the consistent and documented acclaim of Time Warner's senior management. Every action I took over the past six months was made with that ultimate goal in mind. My exit was clearly not about management style or results. I leave behind a first rate team and wish them all the best of success."

Mondo Times editors    Boulder Colorado USA

Posted at 9:53am on Friday, February 18, 2011

Jack Griffin Out as Time Inc. CEO

-- 'Leadership style and approach did not mesh with Time Inc.,' says Time Warner CEO, Advertising Age reported on February 17, 2011:

"Time Warner Inc. said late Thursday that Jack Griffin, the chairman and CEO of its Time Inc. magazine unit, is leaving after less than five months on the job.

"Although Jack is an extremely accomplished executive, I concluded that his leadership style and approach did not mesh with Time Inc. and Time Warner," Time Warner CEO Jeff Bewkes said in a memo to Time Inc. employees.

Mr. Griffin declined to comment. Executives familiar with the situation said Mr. Griffin's strategy was on target but his management style had occasionally proven grating enough to become a distraction for some employees.

Mr. Bewkes told Time Inc. employees on Thursday that their company would be run on an interim basis by editor in chief John Huey, Time Inc. chief financial officer Howard Averill and general counsel Maurice Edelson."

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Media Owners editors    Boulder Colorado USA

Posted at 9:31am on Friday, February 18, 2011

-- February 18, 2011 -- Fran Hauser has been promoted to president of digital for Time Inc.'s style and entertainment and lifestyle groups.

Media Owners editors    Boulder Colorado USA

Posted at 10:31am on Thursday, February 10, 2011

Time Inc's Rothenberg: No 'One-Size-Fits-All Model' For Subscriptions

-- HP up first, the Guardian newspaper's paidContent.org reported on February 9, 2011:

"The iPad may be the biggest tablet game in town but it's not the only one and Time Inc.'s digital publishing strategy reflects it. The new Hewlett Packard WebOS TouchPad tablet will launch with Time, Fortune, People and Sports Illustrated, the Time Warner Inc. publishing unit's top titles, for subscription: an option the iPad doesn't yet have. "Time Inc. is going to be extremely involved in the marketplace," Randall Rothenberg, who took part in today's HP announcement, promised in his first interview as chief digital officer.

There are going to be more devices and operating systems, he added. "Our goal is to play with all of those that will have us. We don't believe in a one-size-fits-all model around subscriptions.""

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Media Owners editors    Boulder Colorado USA

Posted at 10:29am on Friday, January 28, 2011

-- January 28, 2011 -- Vera Naughton is now art director at Time Inc.'s custom publishing group. She has previously held positions at Sotheby’s, WSJ, Time, Money, Business Week and Worth.

Media Owners editors    Boulder Colorado USA

Posted at 1:03pm on Tuesday, January 11, 2011

Time Inc. Merges Print and Digital Corporate Sales

-- Digital President Kirk McDonald exits at the same time, Advertising Age magazine reported on January 10, 2011:

"In one more step for the integration of print and digital media, Time Inc. has combined the operations that had handled its largest advertisers in each medium.

"We have been doing it in two parts," said Paul Caine, exec VP and chief revenue officer at Time Inc. "Now we're doing it in one."

Leslie Picard, who had been president of corporate sales and marketing, was named president of the combined operation, which the company called Time Inc. Branded Solutions. Kirk McDonald, who had been president of Time Inc. Digital, is leaving; the company said his exit came about independently of the merger."

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Media Owners editors    Boulder Colorado USA

Posted at 10:59am on Tuesday, January 11, 2011

-- January 11, 2011 -- Leslie Picard is now president of Time Inc. Branded Solutions, a new initiative. Picard was previously president of Time Inc. corporate sales and marketing.