Laura Lang, CEO of Time Inc., has finally discussed the Meredith purchase with her staffers. As you know, Meredith is going to purchase Time Inc. and spin it off into a new company. Time Warner will retain Time, Fortune and SI. All the other brands will be swallowed up by the new Meredith/Time Inc. company.
Unsurprisingly, Lang hasn’t had much to offer to her Time Inc. colleagues, aside from general statements that won’t do any good. One insider told the New York Post that Lang was “telling people to keep doing what they are doing and not be distracted.”
We’re sure the publishing house’s staffers will find avoiding distractions easy. Especially with Meredith’s dealmakers back in the Time Inc. building on Wednesday and no one knowing anything about the new company, which some Time staffers have sadly begun calling “Teredith.”
To be fair, there’s really not much Lang could say to calm employees’ nerves. But maybe next time she could try a little something different, like “Don’t worry about anything. By the way, how do you feel about living in Iowa?”