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.
Also, given that the longer Time Inc. stays connected to Time Warner the longer the publishing house wallows in uncertainty, this doesn’t sound like a good thing to us.
But hey, maybe this is for the best. Your party sounds kind of lame anyway.