The Great Time Magazine Sell Off: Time4 Editors Meeting With Time Inc COO at 3 PM Today (DealBreaker Exclusive)

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DealBreaker has been told by sources inside Time4 that all the division editors will be meeting with co-chief operating officer John Squires--aka chief executive "Ann Moore's assassin"--at 3 pm this afternoon in connection with the news that Time Inc plans to a bunch of its magazines up for sale today, including the Parenting Group and most of its Time4 Media magazines. The Time4 division consists of a group of leisure and special-interest titles that the company bought for $475 million in December 2000. The division includes titles such as Field & Stream, Popular Science and Outdoor Life. Its unclear exactly which titles will be sold off.
Time Inc. Sell-off of Titles to Begin Today [Ad Age]

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