Time Inc. is one of the world’s most influential media networks that opens experiences to people and your brands like never before, spanning stories, passions and mediums for a more powerful impact. It is home to 100 iconic brands like People, Sports Illustrated, Time, InStyle, Real Simple, Food & Wine, and Fortune, as well as more than 50 diverse brands in the United Kingdom such as Decanter, Horse & Hound and Wallpaper. It hosts the world’s most anticipated annual events - the TIME 100, Sports Illustrated Sportsman of the Year, the Fortune Most Powerful Women Summit, the Essence Festival, and the Food & Wine Classic in Aspen, all attended by hundreds of thousands of VIPs, journalists and influencers.

Type
Subsidiary
Parent Company
Meredith
HQ
New York, US
Founded
1922
Time Inc was founded in 1922 and is headquartered in New York, US
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Key People/Management at Time Inc

Rich Battista

Rich Battista

President and Chief Executive Officer

Time Inc Office Locations

Time Inc has offices in Hong Kong, Farnborough, New York, Parsippany-Troy Hills and in 24 other locations
New York, US (HQ)
225 Liberty St
Birmingham, US
2100 Lakeshore Dr
Chicago, US
303 E Ohio St
Los Angeles, US
1700 11766 Wilshire Blvd
Menlo Park, US
80 Willow Rd
New York, US
1271 Ave of the Americas
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Time Inc Financials and Metrics

Summary Metrics

Founding Date

1922
Time Inc is a subsidiary of Meredith

Time Inc Financials

Time Inc's revenue was reported to be $3.08 b in FY, 2016 which is a 0.9% decrease from the previous period.
Annual
USDFY, 2014FY, 2015FY, 2016

Revenue

3.3 b3.1 b3.1 b

Revenue growth, %

(5%)(1%)

Sales and marketing expense

1.8 b1.7 b

General and administrative expense

1.6 b1.4 b
Quarterly
USDQ2, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Revenue

820 m680 m773 m773 m690 m769 m750 m636 m694 m679 m

Sales and marketing expense

461 m353 m420 m398 m360 m426 m417 m331 m374 m

General and administrative expense

408 m380 m383 m383 m377 m369 m339 m344 m326 m

Operating expense total

869 m733 m803 m781 m737 m795 m756 m675 m700 m
Annual
USDFY, 2015FY, 2016

Cash

651 m296 m

Inventories

187 m110 m

Current Assets

1.4 b1 b

PP&E

267 m304 m
Quarterly
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Cash

338 m265 m340 m320 m244 m241 m269 m332 m

Inventories

125 m

Current Assets

1.1 b1 b1.1 b1 b938 m870 m846 m895 m

PP&E

394 m439 m286 m300 m296 m311 m315 m
Annual
USDFY, 2014FY, 2015FY, 2016

Net Income

87 m(48 m)

Depreciation and Amortization

78 m83 m

Inventories

3 m

Accounts Payable

452.1 k(72 m)
Quarterly
USDQ2, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Net Income

(32 m)(9 m)24 m(913 m)(10 m)8 m(104.4 m)(28 m)(72 m)13 m

Depreciation and Amortization

(20 m)19 m20 m21 m21 m68 m104 m33 m67 m

Inventories

2 m(4 m)1 m4 m125 m

Accounts Payable

(178 m)(110 m)(93 m)(105 m)
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Time Inc Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
Hello Giggles October 18, 2015$30 m
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