Skip to comments.Crawford says Time Warner will sell magazine unit
Posted on 09/27/2009 10:47:09 AM PDT by thecodont
CHICAGO (Reuters) - Time Warner Inc will eventually sell the Time Inc magazine unit and could buy holdings in its core entertainment category, Gordon Crawford, managing director of its largest shareholder, said during a presentation this week.
"Time Warner just spun off their cable division, they are going to sell their print division, they are going to spin off AOL and they're just going to be Warner Brothers, HBO and the Turner Networks," said Crawford, managing director of The Capital Group.
(Excerpt) Read more at reuters.com ...
The only magazines I buy nowdays are the kind that you load cartridges into. The higher capacity the better.
How about Rupert Murdoch?
Warner will probably get at least $400 or $500 for Time, if the negotiate real hard.
Does this mean Obama will go from being on the cover of Time to every week from the current every other week? LOL! Die Time, NewsWeak, NY Times, Wa Po.
Why? no ones buying? ha ha ha ha...
Most I went for was about 100 bucks for a coupla-three Glock-manufactured 33 rounders for 9mm...
Wouldn’t that just toast the kids. But in reality Rupert is smarter than to try and resurect a dying publication when the entire industry is in its death throws.
Yes and only quality built mags at that.
Tru dat.....capacity isn’t a subsitute for quality.....
Can't think of anyone else who would be interested.
Wow, the story doesn’t even mention Time magazine. Guess they thought even mentioning the name would kill the deal.
Very true... I have thrown away a few cheapies that have feed problems.
I know. You’re right, but it is fun to speculate what some of those leftist journalists would be doing.
Public relations specialists for ACORN who wouldn’t piss off Beck during a simple interview. It was that show that sealed my admiration for Beck’s style because he drew out the hate inside the fake smiles and soft voice of the dufus who brought this whole thing down on the ACORN/SEIU/COI criminal enterprise.