Time magazine owner suggests it shouldn't be a weekly anymore


Time magazine’s current owner has some advice for billionaire Marc Benioff and his wife, who are acquiring the iconic publication: Its days as a weekly should probably be over.

Meredith Corp., the publisher that agreed to sell Time for $190 million last month, suggests that the title will need an overhaul to thrive again.

“Something like Time magazine probably shouldn’t be a weekly product anymore,” Meredith Chief Executive Officer Tom Harty said at an investor conference hosted by Deutsche Bank.

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