Quote from: John Pannozzi on 27 November, 2017, 01:37:09 AMQuote from: Professor Bear on 25 September, 2017, 01:27:16 PM
Time UK up for sale.
Meredith is buying Time.
But Meredith may not have bought Time UK.
The current negotiations are believed to be for the entire portfolio, minus several divestitures that are already in the works (Sunset, Golf, Time Inc. U.K.), which has led to speculation that Meredith might decide to unload the newsweeklies after acquiring them. (Perhaps to the Kochs as a play thing?, some of my sources wondered.) Meredith would presumably be more keen on keeping Time Inc.'s resident cash cow, People, and perhaps Entertainment Weekly.
https://www.vanityfair.com/news/2017/11/time-inc-deal-meredith-koch-brothers


