Time Inc. Agrees to $4.5M Settlement in Subscription Probe

Florida Attorney General Charlie Crist has just announced a settlement between Time Inc. and 23 states over the company’s “improper marketing and billing practices.” Time Inc. will pay $4.5 million plus an additional amount — which could be as much as $4.3 million — to 108,000 eligible consumers for magazine subscriptions that were automatically renewed between 1998 and 2004.

An investigation into Time’s marketing and billing practices revealed that the company’s recent switch to an automatic renewal method misled some consumers into paying for unwanted or unordered subscriptions.

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