Time is a USA magazine covering National News.
Time magazine provides analysis of current events, from politics to scientific breakthroughs and other human achievements. Time also covers the arts, business and society. It is the leading U.S. news weekly magazine both in circulation and revenue.
The first weekly news magazine, Time was founded in 1923 by Briton Hadden and Henry Luce, two Yale men. While Hadden died several years after the founding of Time, Luce went on to be an influential figure in 20th century American publishing. He served as editor-in-chief of Time magazine until 1964, and created Fortune and Life magazines among others.
Time magazine and the rest of Time Inc. were sold to Meredith Corporation on January 31, 2018. On September 16, 2018, Meredith Corporation agreed to sell Time magazine to Marc Benioff for $190 million in cash. Benioff is the billionaire chairman and founder of Salesforce.com.
This magazine is owned by Marc Benioff.
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Elon Musk: Time Magazine's 2021 Person of the Year
-- December 13, 2021: Time, now driven by celebrity coverage, has picked Elon Musk as its 2021 person of the year. Time Editor-in-Chief Edward Felsenthal escaped earth orbit in his hyperbolic praise, comparing Musk to Shelley's Prometheus.
Molly Ball, Jeffrey Kluger and Alejandro de la Garza wrote at Time:
Elon Musk Is TIME's 2021 Person of the Year
Posted by Mondo Times editors, Boulder, Colorado USA, December 13, 2021
Marc Benioff Buys Time Magazine
-- On September 16, 2018, Meredith Corporation announced it has agreed to sell Time Magazine to Marc and Lynne Benioff for $190 million in cash. The deal is expected to close within 30 days.
While Marc Benioff is the chairman, co-CEO and founder of Salesforce.com, the Time deal is a personal investment by him and his wife and is unrelated to Salesforce.com. The Benioffs will...
Meredith to Sell Time Magazine and 3 Others
-- March 21, 2018: Meredith Corporation said today that it will sell four large circulation magazines that are part of its recently completed purchase of Time Inc. In addition to Time, the magazines to be unloaded are Sports Illustrated, Fortune and Money.
In a New York Times opinion piece on March 27, Sara Barrett wrote that "An analyst who follows Meredith said the once-venerable...
Time Magazine Sold to Meredith Corporation
-- November 26, 2017: Time magazine and the rest of the struggling Time Inc. will be sold to Meredith Corporation for about $2.8 billion, it was announced today.
The publisher of major American magazines such as Time, Fortune and Sports Illustrated, Time Inc. has struggled for years with declining sales and profits. Meredith has fared much better due to its focus on more highly targeted...
Fareed Zakaria Leaves Yale Corp. After Call for Resignation
-- Zakaria, who was recently reinstated as a contributor to Time magazine and CNN following allegations that he lifted portions of a New Yorker article without attribution, says in a letter to Yale's president that he needs to focus more "on the core of my work."
On August 20, 2012, the New Haven Register ran an editorial suggesting that Zakaria resign from Yale's governing body or be asked to terminate...
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