Time Inc. Willing to Sell Assets That 'Make No Sense'


Time Inc. will test paywalls on its magazine websites next year and finish a review of its portfolio that could result in the sale of certain titles, Chairman-CEO Joe Ripp said during a call Tuesday to explain the company’s third-quarter results.

“We are in the process of looking at everything we have and trying to figure out, is there ways for us to make them more valuable than they are today?” Mr. Ripp said. “And if not, does selling them or enhancing them or investing them or partnering them with other people make them more valuable to our shareholders?”

“While we’re not commenting on any one particular asset, we’re willing to sell those things that make no sense for the portfolio and invest in those that do,” he added.

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