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Terry McDonell to Depart Time Inc.

When Terry McDonell announced in October that he was stepping aside as editor of the Time Inc. Sports Group, the plan was for him to stay on as an advisor to the company. According to the New York Post, that plan has changed. McDonell is now set to leave the company altogether at the end of the year.

McDonell’s announcement means that Time Inc. will start 2013 without two of its biggest names. Earlier this month, John Huey said he was leaving the publishing powerhouse as well.

What’s next for McDonell? He plans on launching his own consulting company, where he will create “publishing, video and film joint ventures across multiple platforms,” according to the Post.

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