Time Warner filed documents Friday evening in preparation for the planned spinoff of publishing division and No. 1 U.S. magazine company Time Inc. next year. While the company didn’t specify any dates, it did provide plenty of detailed financial information.
The documents revealed just how hard the publisher of People, Time and Sports Illustrated (along with the rest of the publishing industry) was hit by the 2008 recession. Between 2008 and 2012, total full-year revenues fell 32 percent, from $4.61
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