Friday, October 2, 2009

Time Inc. is not for sale, now or later, says its CEO

Despite the flurry of bloggy speculation, Time Warner is not going to sell its magazines, according to its CEO, Jeff Bewkes. During an Atlantic Monthly conference in Washington, according to a post on Daily Finance by Jeff Bercovci, Bewkes was asked a direct question and gave a similarly direct answer."Time Inc. is not for sale," Bewkes told his interviewer, journalist Jeffrey Goldberg. "People

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