Time’s Up

 

In the last quarter, Time Inc.’s operating income declined 40 percent amid an advertising recession and the movement of readers away from print toward the Web.

Mr. Bewkes, speaking in April about the future of Time Warner during a conference call with Wall Street analysts, said it “may well include publishing, but we’re not making a religious statement about it either way at this point.”

via Tim Arango www.nytimes.com

Either sell them off, or innovate fast. The days of getting information in paper bundles every week, or once a month… man, that is so over.