Time Inc. in Price Hike Showdown With Burkle Company

Unlike, say, Conde Nast — who amidst the outcry over the closure of Domino may be wishing very much they had invested in their web properties prior to “seeing the religion” as a result of the financial collapse — Time Inc., as we mentioned yesterday, is doing fairly well online. They also have a whole batter of magazines that continue to sell — People is the nation’s top newsweekly. So plenty of folks in the media world had their eyes on how Time Inc.