Time Inc. Plans Significant Reorganization to Generate Non-Print Revenue

Time Inc. plans a reorganization to generate more revenue from videos, live events and deeper collaborations with advertisers and to broaden distribution of its content including on social media platforms, people familiar with the situation say.

The restructuring, which is expected shortly, comes as the magazine publisher is forecasting a revenue gain of 1 percent to 5 percent in 2016, which would be its first significant revenue improvement in five years. Time Inc. like many traditional publishers has been hit by a drop-off in print advertising revenue.

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