From Sports Illustrated to People to its namesake magazine, Time Inc., was always an innovator. But now when the troubled magazine industry is facing its greatest challenge, the company Henry Luce founded is struggling to find its way in a digital world.
While painful (for most folks) to watch, the actor's explosion has created a bonanza for the tabloid mill. But on a broader level, Sheen has also offers a potential shot in the arm for companies across the spectrum, from media to pharmaceuticals. Hey Viacom, how about Charlie's Family?
People wants to use magazine photos on its iPad app for free, claiming the app is merely a product extension, not new content that must be additionally paid for. The photo agencies disagree, and they're threatening to pull their photos.