Meredith Corp. CEO Tom Harty had some big news to share with Time Inc. staffers during a town hall yesterday in New York: Legendary (and newly acquired) titles Sports Illustrated, Fortune, Money and Time will be sold.
The Iowa-based Meredith owns monthly magazines that target women, including Better Homes & Gardens and Martha Stewart Living. Time Inc., on the other hand, counted news and sports titles like Sports Illustrated, Fortune, Money and Time among the titles in its portfolio.
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