Time Inc. Spinoff Pushed Back
You’re going to have to wait a little longer to throw that “Time Inc. Is Its Own Company” party you were planning. According to Ad Age, Time Warner is delaying the Time Inc. spinoff until early next year.
The separation was originally planned for this year, but Jeff Bewkes, Time Warner’s CEO, said he wanted to wait. A factor cited for the delay was not wanting to rush Joe Ripp, Time Inc.’s new CEO.
This seems odd, considering Ripp has already said he’s willing to sell some Time Inc.
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