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Change continues to sweep through Time Inc. under CEO Jack Griffin, who’s creating a new News Group under industry vet John Q. Griffin, signaling he wants to put Time magazine at the top of the priority list.
John Q. Griffin (no relation to Jack), who is retiring as evp and president of publishing at The National Geographic Society, will be evp of Time Inc. and president of the newly formed News Group. It’ll include the Fortune and Money brands as well as Time.
In creating the new structure, CEO Griffin split up the News & Sports Group, a creation of predecessor Ann Moore, to dedicate more focus to each of its brands and recognize each one’s different challenges and opportunities.
“There’s very little duplication of audience and advertiser and marketers,” he said.