Time magazine was named 2012 Magazine of The Year by the ASME at last night’s Ellies. Time is the third title to win the award; Glamour won in 2010 and National Geographic won last year.
We’re sure the Time team is celebrating (yes, still), because it beat out some heavy hitters — such as Esquire, New York and The New Yorker — to take home the coveted award.
The rest of the winners are listed below. Congrats to all. Have a beer or six to celebrate.