Time Inc.

Time Inc. (also referred to as Time & Life, Inc. later on, after their two onetime flagship magazine publications) was an American worldwide mass media corporation founded on November 28, 1922, by Henry Luce and Briton Hadden and based in New York City. It owned and published over 100 magazine brands, including its namesake ''Time'', ''Sports Illustrated'', ''Travel + Leisure'', ''Food & Wine'', ''Fortune'', ''People'', ''InStyle'', ''Life'', ''Golf Magazine'', ''Southern Living'', ''Essence'', ''Real Simple'', and ''Entertainment Weekly''. It also had subsidiaries which it co-operated with the UK magazine house Time Inc. UK (which was later sold and since has been rebranded to TI Media), whose major titles include ''What's on TV'', ''NME'', ''Country Life'', and ''Wallpaper''. Time Inc. also co-operated over 60 websites and digital-only titles including ''MyRecipes'', ''Extra Crispy'', ''TheSnug'', HelloGiggles, and ''MIMI''.

In 1990, Time Inc. merged with Warner Communications to form the media conglomerate Time Warner (now Warner Bros. Discovery) with Time Inc. continuing as a subsidiary. In 2014, in order to focus on their three entertainment divisions: Warner Bros., Turner and HBO, Time Warner spun-off Time Inc. as a public company trading on the New York Stock Exchange. In 2018, media company Meredith Corporation acquired Time Inc. for $2.8 billion. Meredith was then acquired by IAC and merged with Dotdash to form Dotdash Meredith three years later, thus resulting in IAC gaining most of the former Time Inc. assets. Provided by Wikipedia