Last $25.04 USD
Change Today -0.39 / -1.53%
Volume 601.0K
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As of 4:15 PM 01/30/15 All times are local (Market data is delayed by at least 15 minutes).

time inc (TIME) Key Developments

Time Inc. Announces Executive Changes

Time Inc. announced that Ariel Foxman has been promoted to Editorial Director, InStyle and StyleWatch, a new role at the company. In addition to remaining Editor of the InStyle brand 'print, digital and all extensions' Foxman now oversees editorial direction and strategy for the StyleWatch brand. Effective immediately, the move broadens Foxman’s responsibilities substantially as Time Inc. prepares to extend its fashion footprint by bringing together a content, services and commerce platform under the InStyle umbrella. Foxman reports to Evelyn Webster, Time Inc. Executive Vice President. Executive Vice President and Chief Content Officer Norman Pearlstine will have dotted line authority. Founding StyleWatch Editor Susan Kaufman is leaving the company. To further align the fashion portfolio, InStyle publisher Nina Lawrence will assume oversight of StyleWatch. Stephanie Sladkus, Publisher of StyleWatch, will report to Lawrence.

Time Inc. Launches New Video Platform Daily Cut

Time Inc. announced the launch of Daily Cut, a new video platform that offers consumers one destination for Time Inc. live and on-demand original video content as well as a library of more than 35,000 videos more than 1,500 hours of premium video programming from Time Inc. brands. Daily Cut is available this week as a native app on iOS, Android and the Roku platform.

Time Inc. Presents at Citi 25th Annual Global Internet, Media and Telecom Conference 2015, Jan-06-2015

Time Inc. Presents at Citi 25th Annual Global Internet, Media and Telecom Conference 2015, Jan-06-2015 . Venue: The Bellagio, 3600 S Las Vegas Blvd, Las Vegas, NV 89109, United States.

Time Reportedly Found Buyer For Sunset Magazine Campus

Time Inc. (NYSE:TIME) has found a buyer for the Sunset Magazine campus in Menlo Park, reported San Francisco Business Journal. According to San Jose Mercury News, Embarcadero Capital Partners has been picked as the buyer for the verdant 7-acre site at 80 Willow Road. According to several sources, the pricing was expected to be at least $77 million.

Time Inc. Presents at UBS 42nd Annual Global Media and Communications Conference, Dec-10-2014 12:00 PM

Time Inc. Presents at UBS 42nd Annual Global Media and Communications Conference, Dec-10-2014 12:00 PM. Venue: Westin New York Times Square, 270 West 43rd Street (at 8th Avenue), New York, New York, United States. Speakers: Norman Pearlstine, Chief Content Officer and Executive Vice President.

 

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TIME

Industry Average

Valuation TIME Industry Range
Price/Earnings 100.0x
Price/Sales 0.8x
Price/Book 1.0x
Price/Cash Flow 35.5x
TEV/Sales 0.3x
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