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Time Inc. Buys American Express Publishing

Joe Ripp, Time Inc.’s new CEO, has made his first big move: Purchasing American Express Publishing and its five titles. As part of the deal, AmEx Publishing — the company behind DeparturesTravel + Leisure, Food & Wine, Executive Travel and Black Ink — will become a subsidiary of Time Inc.

As with any large buy, the Time Inc. acquisition was accompanied by a variety of statements that all sound the same. “American Express Publishing is home to the most desirable brands in the luxury space and we’re delighted they will become part of Time Inc.,” said Ripp. Ed Kelly, president and CEO of AmEx Publishing, added “This sale is a formula for success that will allow us to further develop our extraordinary brands, services and traditions.”

The deal is expected to be completed by the end of this year. Financial details weren’t disclosed. But feel free to guess.

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Lauren Berger Writes New Book for Young People Entering "Real World"

Lauren Berger Welcome to the Real WorldCareer Expert, Lauren Berger, releases her second book, Welcome to the Real World: Finding Your Place, Perfecting Your Work, and Turning Your Job Into Your Dream Career (Harper Business), on April 22nd. In this book, Berger shares everything she wishes someone told her after graduation. Her book is the essential guide to anyone starting their first, second, or third job. She encourages readers to be fearless, step outside of their comfort zones, and go after what they want.