Meredith Corp

Market Minute: Time Warner in Talks With Meredith Corp On Magazines

Time Warner is in talks to sell the majority of its Time Inc magazine division to Meredith Corp, according to a source familiar with the situation. The valuation being ascribed to Time Inc, with titles such as Time, Sports Illustrated and People, ranges from $2 billion to $3.5 billion.

Longtime Time Inc. CEO Ann Moore Stepping Down

The world's biggest magazine company is getting a new boss. Ann Moore, who has served as chairman and chief executive of Time Inc. since 2002, is relinquishing the CEO title to a newcomer, Jack Griffin, previously of Meredith Corp.