TVNewser Show TVNewser FishbowlDC AgencySpy TVSpy LostRemote PRNewser SocialTimes AllFacebook 10,000 Words GalleyCat UnBeige MediaJobsDaily

Time Inc. Experiences a Rough First Quarter

The magazine business is not for the faint of heart. Even Time Inc., the publishing powerhouse, has been feeling the print blues. According to All Things D, Time Inc. went through a rough first quarter, seeing operating income drop 38 percent and revenues decline three percent.

Apparently the doldrums can be blamed on slowing ad sales (down five percent) and slumping newsstand sales (down two percent).

The bad news for print only puts more pressure on Next Issue, the so-called “Netflix for magazines.” Time Inc. has a stake in the digital subscription system, which you can see here.

Somewhere, Laura Lang, Time Inc.’s relatively new CEO, is crossing her fingers.

Sponsored Post

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.