Meredith Corporation

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Time Inc. Sold in Koch Deal

Conservative brothers fund Meredith acquisition

(Newser) - The Koch brothers now have a major stake in the magazine industry. Meredith Corporation is buying Time Inc. in a $2.8 billion deal supported by a $650 million equity injection from the billionaire brothers, the BBC reports. The company, subject of two previous Meredith acquisition attempts, publishes titles including... More »

Time Warner May Sell Off People, Other Magazines

It would keep Time, Sports Illustrated

(Newser) - Time Warner is contemplating a big shakeup of the marquis magazines under its Time Inc. publishing division, reports Fortune and the New York Times . The media conglomerate is expected to sell People, InStyle, and Real Simple magazines to Meredith Corporation, which already publishes Better Homes and Gardens and Ladies Home ... More »

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