Time Inc. Is Planning to Sell Coastal Living, Sunset and Golf

The first plans for an outright sale

If Time Inc.’s intended sale of a majority stake in Essence sent mixed signals about what Time Inc. considers a “core asset” (Essence is core, according to Time Inc. CEO Rich Battista), Time Inc.’s plans for Coastal Living, Sunset and Golf do not.

As Bloomberg’s Gerry Smith reported yesterday, Time Inc. is considering a potential sale of those three titles, with Battista telling Smith that Time Inc. needs to “focus on the key biggest growth drivers of this company that will move the needle the most.”

AW+

WORK SMARTER - LEARN, GROW AND BE INSPIRED.

Subscribe today!

To Read the Full Story Become an Adweek+ Subscriber

View Subscription Options

Already a member? Sign in