When the New York Post reported Wednesday that Time Inc. staffers had produced a cheesy goodbye video for outgoing CEO Rich Battista—complete with fellow execs standing atop their desks a la Dead Poets Society—I prayed to the content gods that this keepsake of corporate media groveling would be leaked.
This morning, Time magazine revealed that its 2017 choice for its annual Person of the Year was the “Silence Breakers”: the women who ignited the #MeToo campaign by speaking out about sexual harassment and abuse at the hands of powerful men.
Media has long been trending toward greater disorder, but the purchase of Time Inc. by a rival magazine company on Monday captured some of the process’ harsh details: a snapshot of the financial chaos engulfing the traditional news business; a case study of how a once-vaunted publisher has been unable to stay relevant…
Conservative billionaires Charles and David Koch cemented a deal on Sunday to buy a $650 million stake in Time Inc., through The Meredith Corporation—a rival publisher whose holdings include Family Circle, Better Homes and Gardens, Shape, and AllRecipes.
The Time 100 is the magazine’s annual list of 100 “titans,” “pioneers,” and influential “artists.” What it really gives us, though, is the kind of sinister power pairings that only Time (or, you know, the current world order) could bring together. Think of it as the evil saluting the evil.