Notice (8): Trying to access array offset on value of type null [APP/View/MagazineArticles/view.ctp, line 54]Code Context $user = $this->Session->read('Auth.User');
//find the group of logged user
$groupId = $user['Group']['id'];
$viewFile = '/var/www/html/newbusinessage.com/app/View/MagazineArticles/view.ctp'
$dataForView = array(
'magazineArticle' => array(
'MagazineArticle' => array(
'id' => '367',
'magazine_issue_id' => '80',
'magazine_category_id' => '0',
'title' => 'Time Warner to Spin off Time Magazine',
'image' => null,
'short_content' => null,
'content' => '<p>
<img alt="time" src="/userfiles/images/time.jpg" style="margin: 10px;" /><br />
<br />
Media giant Time Warner has announced plans to spin off its Time Inc magazine unit into an independent, publicly traded company by the end of the year. Time Inc is the company behind publications including Time, Sports Illustrated, Fortune and People. Last month, Time Warner reported a rise in profits but said revenues at Time Magazine had fallen 7%, adding that it planned to restructure the business.<br />
<br />
The publishing industry has suffered as readers and advertisers move online. “After a thorough review of options, we believe that a separation will better position both Time Warner and Time Inc,” Time Warner chief executive Jeff Bewkes said in a statement. Media company Meredith, which had been in talks with Time Warner about combining their magazines, said it respected Time Warner’s decision. (Agency)<br />
<br />
<br />
</p>',
'status' => true,
'publish_date' => '0000-00-00',
'created' => '2013-07-30 00:00:00',
'modified' => '0000-00-00 00:00:00',
'keywords' => 'new business age global biz trends news & articles, global biz trends news & articles from new business age nepal, global biz trends headlines from nepal, current and latest global biz trends news from nepal, economic news from nepal, nepali global biz trends economic news and events, ongoing g',
'description' => 'Media giant Time Warner has announced plans to spin off its Time Inc magazine unit into an independent, publicly traded company by the end of the year. Time Inc is the company behind publications including Time, Sports Illustrated, Fortune and People. Last month, Time Warner reported a rise in profits but said revenues at Time Magazine had fallen 7%, adding that it planned to restructure the business.',
'sortorder' => '344',
'feature_article' => true,
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),
'MagazineIssue' => array(
'id' => '80',
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'sortorder' => '22',
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'created' => '2013-06-20 02:37:49',
'modified' => '2013-06-20 02:57:46',
'title' => 'Global Business Trends',
'publish_date' => '2013-04-01',
'parent_id' => '58',
'homepage' => false,
'user_id' => '0'
),
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'MagazineArticleComment' => array(),
'MagazineView' => array(
(int) 0 => array(
[maximum depth reached]
)
)
),
'current_user' => null,
'logged_in' => false
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$magazineArticle = array(
'MagazineArticle' => array(
'id' => '367',
'magazine_issue_id' => '80',
'magazine_category_id' => '0',
'title' => 'Time Warner to Spin off Time Magazine',
'image' => null,
'short_content' => null,
'content' => '<p>
<img alt="time" src="/userfiles/images/time.jpg" style="margin: 10px;" /><br />
<br />
Media giant Time Warner has announced plans to spin off its Time Inc magazine unit into an independent, publicly traded company by the end of the year. Time Inc is the company behind publications including Time, Sports Illustrated, Fortune and People. Last month, Time Warner reported a rise in profits but said revenues at Time Magazine had fallen 7%, adding that it planned to restructure the business.<br />
<br />
The publishing industry has suffered as readers and advertisers move online. “After a thorough review of options, we believe that a separation will better position both Time Warner and Time Inc,” Time Warner chief executive Jeff Bewkes said in a statement. Media company Meredith, which had been in talks with Time Warner about combining their magazines, said it respected Time Warner’s decision. (Agency)<br />
<br />
<br />
</p>',
'status' => true,
'publish_date' => '0000-00-00',
'created' => '2013-07-30 00:00:00',
'modified' => '0000-00-00 00:00:00',
'keywords' => 'new business age global biz trends news & articles, global biz trends news & articles from new business age nepal, global biz trends headlines from nepal, current and latest global biz trends news from nepal, economic news from nepal, nepali global biz trends economic news and events, ongoing g',
'description' => 'Media giant Time Warner has announced plans to spin off its Time Inc magazine unit into an independent, publicly traded company by the end of the year. Time Inc is the company behind publications including Time, Sports Illustrated, Fortune and People. Last month, Time Warner reported a rise in profits but said revenues at Time Magazine had fallen 7%, adding that it planned to restructure the business.',
'sortorder' => '344',
'feature_article' => true,
'user_id' => '0',
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),
'MagazineIssue' => array(
'id' => '80',
'image' => 'small_1371721055.jpg',
'sortorder' => '22',
'published' => true,
'created' => '2013-06-20 02:37:49',
'modified' => '2013-06-20 02:57:46',
'title' => 'Global Business Trends',
'publish_date' => '2013-04-01',
'parent_id' => '58',
'homepage' => false,
'user_id' => '0'
),
'MagazineCategory' => array(
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),
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),
'MagazineArticleComment' => array(),
'MagazineView' => array(
(int) 0 => array(
'magazine_article_id' => '367',
'hit' => '1124'
)
)
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$current_user = null
$logged_in = false
$user = null
include - APP/View/MagazineArticles/view.ctp, line 54
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
Notice (8): Trying to access array offset on value of type null [APP/View/MagazineArticles/view.ctp, line 54]Code Context $user = $this->Session->read('Auth.User');
//find the group of logged user
$groupId = $user['Group']['id'];
$viewFile = '/var/www/html/newbusinessage.com/app/View/MagazineArticles/view.ctp'
$dataForView = array(
'magazineArticle' => array(
'MagazineArticle' => array(
'id' => '367',
'magazine_issue_id' => '80',
'magazine_category_id' => '0',
'title' => 'Time Warner to Spin off Time Magazine',
'image' => null,
'short_content' => null,
'content' => '<p>
<img alt="time" src="/userfiles/images/time.jpg" style="margin: 10px;" /><br />
<br />
Media giant Time Warner has announced plans to spin off its Time Inc magazine unit into an independent, publicly traded company by the end of the year. Time Inc is the company behind publications including Time, Sports Illustrated, Fortune and People. Last month, Time Warner reported a rise in profits but said revenues at Time Magazine had fallen 7%, adding that it planned to restructure the business.<br />
<br />
The publishing industry has suffered as readers and advertisers move online. “After a thorough review of options, we believe that a separation will better position both Time Warner and Time Inc,” Time Warner chief executive Jeff Bewkes said in a statement. Media company Meredith, which had been in talks with Time Warner about combining their magazines, said it respected Time Warner’s decision. (Agency)<br />
<br />
<br />
</p>',
'status' => true,
'publish_date' => '0000-00-00',
'created' => '2013-07-30 00:00:00',
'modified' => '0000-00-00 00:00:00',
'keywords' => 'new business age global biz trends news & articles, global biz trends news & articles from new business age nepal, global biz trends headlines from nepal, current and latest global biz trends news from nepal, economic news from nepal, nepali global biz trends economic news and events, ongoing g',
'description' => 'Media giant Time Warner has announced plans to spin off its Time Inc magazine unit into an independent, publicly traded company by the end of the year. Time Inc is the company behind publications including Time, Sports Illustrated, Fortune and People. Last month, Time Warner reported a rise in profits but said revenues at Time Magazine had fallen 7%, adding that it planned to restructure the business.',
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),
'MagazineIssue' => array(
'id' => '80',
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'sortorder' => '22',
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'created' => '2013-06-20 02:37:49',
'modified' => '2013-06-20 02:57:46',
'title' => 'Global Business Trends',
'publish_date' => '2013-04-01',
'parent_id' => '58',
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),
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'MagazineView' => array(
(int) 0 => array(
[maximum depth reached]
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),
'current_user' => null,
'logged_in' => false
)
$magazineArticle = array(
'MagazineArticle' => array(
'id' => '367',
'magazine_issue_id' => '80',
'magazine_category_id' => '0',
'title' => 'Time Warner to Spin off Time Magazine',
'image' => null,
'short_content' => null,
'content' => '<p>
<img alt="time" src="/userfiles/images/time.jpg" style="margin: 10px;" /><br />
<br />
Media giant Time Warner has announced plans to spin off its Time Inc magazine unit into an independent, publicly traded company by the end of the year. Time Inc is the company behind publications including Time, Sports Illustrated, Fortune and People. Last month, Time Warner reported a rise in profits but said revenues at Time Magazine had fallen 7%, adding that it planned to restructure the business.<br />
<br />
The publishing industry has suffered as readers and advertisers move online. “After a thorough review of options, we believe that a separation will better position both Time Warner and Time Inc,” Time Warner chief executive Jeff Bewkes said in a statement. Media company Meredith, which had been in talks with Time Warner about combining their magazines, said it respected Time Warner’s decision. (Agency)<br />
<br />
<br />
</p>',
'status' => true,
'publish_date' => '0000-00-00',
'created' => '2013-07-30 00:00:00',
'modified' => '0000-00-00 00:00:00',
'keywords' => 'new business age global biz trends news & articles, global biz trends news & articles from new business age nepal, global biz trends headlines from nepal, current and latest global biz trends news from nepal, economic news from nepal, nepali global biz trends economic news and events, ongoing g',
'description' => 'Media giant Time Warner has announced plans to spin off its Time Inc magazine unit into an independent, publicly traded company by the end of the year. Time Inc is the company behind publications including Time, Sports Illustrated, Fortune and People. Last month, Time Warner reported a rise in profits but said revenues at Time Magazine had fallen 7%, adding that it planned to restructure the business.',
'sortorder' => '344',
'feature_article' => true,
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),
'MagazineIssue' => array(
'id' => '80',
'image' => 'small_1371721055.jpg',
'sortorder' => '22',
'published' => true,
'created' => '2013-06-20 02:37:49',
'modified' => '2013-06-20 02:57:46',
'title' => 'Global Business Trends',
'publish_date' => '2013-04-01',
'parent_id' => '58',
'homepage' => false,
'user_id' => '0'
),
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'title' => null,
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),
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'MagazineArticleComment' => array(),
'MagazineView' => array(
(int) 0 => array(
'magazine_article_id' => '367',
'hit' => '1124'
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)
)
$current_user = null
$logged_in = false
$user = null
include - APP/View/MagazineArticles/view.ctp, line 54
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
Notice (8): Trying to access array offset on value of type null [APP/View/MagazineArticles/view.ctp, line 55]Code Context //find the group of logged user
$groupId = $user['Group']['id'];
$user_id=$user["id"];
$viewFile = '/var/www/html/newbusinessage.com/app/View/MagazineArticles/view.ctp'
$dataForView = array(
'magazineArticle' => array(
'MagazineArticle' => array(
'id' => '367',
'magazine_issue_id' => '80',
'magazine_category_id' => '0',
'title' => 'Time Warner to Spin off Time Magazine',
'image' => null,
'short_content' => null,
'content' => '<p>
<img alt="time" src="/userfiles/images/time.jpg" style="margin: 10px;" /><br />
<br />
Media giant Time Warner has announced plans to spin off its Time Inc magazine unit into an independent, publicly traded company by the end of the year. Time Inc is the company behind publications including Time, Sports Illustrated, Fortune and People. Last month, Time Warner reported a rise in profits but said revenues at Time Magazine had fallen 7%, adding that it planned to restructure the business.<br />
<br />
The publishing industry has suffered as readers and advertisers move online. “After a thorough review of options, we believe that a separation will better position both Time Warner and Time Inc,” Time Warner chief executive Jeff Bewkes said in a statement. Media company Meredith, which had been in talks with Time Warner about combining their magazines, said it respected Time Warner’s decision. (Agency)<br />
<br />
<br />
</p>',
'status' => true,
'publish_date' => '0000-00-00',
'created' => '2013-07-30 00:00:00',
'modified' => '0000-00-00 00:00:00',
'keywords' => 'new business age global biz trends news & articles, global biz trends news & articles from new business age nepal, global biz trends headlines from nepal, current and latest global biz trends news from nepal, economic news from nepal, nepali global biz trends economic news and events, ongoing g',
'description' => 'Media giant Time Warner has announced plans to spin off its Time Inc magazine unit into an independent, publicly traded company by the end of the year. Time Inc is the company behind publications including Time, Sports Illustrated, Fortune and People. Last month, Time Warner reported a rise in profits but said revenues at Time Magazine had fallen 7%, adding that it planned to restructure the business.',
'sortorder' => '344',
'feature_article' => true,
'user_id' => '0',
'image1' => null,
'image2' => null,
'image3' => null,
'image4' => null
),
'MagazineIssue' => array(
'id' => '80',
'image' => 'small_1371721055.jpg',
'sortorder' => '22',
'published' => true,
'created' => '2013-06-20 02:37:49',
'modified' => '2013-06-20 02:57:46',
'title' => 'Global Business Trends',
'publish_date' => '2013-04-01',
'parent_id' => '58',
'homepage' => false,
'user_id' => '0'
),
'MagazineCategory' => array(
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),
'MagazineArticleComment' => array(),
'MagazineView' => array(
(int) 0 => array(
[maximum depth reached]
)
)
),
'current_user' => null,
'logged_in' => false
)
$magazineArticle = array(
'MagazineArticle' => array(
'id' => '367',
'magazine_issue_id' => '80',
'magazine_category_id' => '0',
'title' => 'Time Warner to Spin off Time Magazine',
'image' => null,
'short_content' => null,
'content' => '<p>
<img alt="time" src="/userfiles/images/time.jpg" style="margin: 10px;" /><br />
<br />
Media giant Time Warner has announced plans to spin off its Time Inc magazine unit into an independent, publicly traded company by the end of the year. Time Inc is the company behind publications including Time, Sports Illustrated, Fortune and People. Last month, Time Warner reported a rise in profits but said revenues at Time Magazine had fallen 7%, adding that it planned to restructure the business.<br />
<br />
The publishing industry has suffered as readers and advertisers move online. “After a thorough review of options, we believe that a separation will better position both Time Warner and Time Inc,” Time Warner chief executive Jeff Bewkes said in a statement. Media company Meredith, which had been in talks with Time Warner about combining their magazines, said it respected Time Warner’s decision. (Agency)<br />
<br />
<br />
</p>',
'status' => true,
'publish_date' => '0000-00-00',
'created' => '2013-07-30 00:00:00',
'modified' => '0000-00-00 00:00:00',
'keywords' => 'new business age global biz trends news & articles, global biz trends news & articles from new business age nepal, global biz trends headlines from nepal, current and latest global biz trends news from nepal, economic news from nepal, nepali global biz trends economic news and events, ongoing g',
'description' => 'Media giant Time Warner has announced plans to spin off its Time Inc magazine unit into an independent, publicly traded company by the end of the year. Time Inc is the company behind publications including Time, Sports Illustrated, Fortune and People. Last month, Time Warner reported a rise in profits but said revenues at Time Magazine had fallen 7%, adding that it planned to restructure the business.',
'sortorder' => '344',
'feature_article' => true,
'user_id' => '0',
'image1' => null,
'image2' => null,
'image3' => null,
'image4' => null
),
'MagazineIssue' => array(
'id' => '80',
'image' => 'small_1371721055.jpg',
'sortorder' => '22',
'published' => true,
'created' => '2013-06-20 02:37:49',
'modified' => '2013-06-20 02:57:46',
'title' => 'Global Business Trends',
'publish_date' => '2013-04-01',
'parent_id' => '58',
'homepage' => false,
'user_id' => '0'
),
'MagazineCategory' => array(
'id' => null,
'title' => null,
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),
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),
'MagazineArticleComment' => array(),
'MagazineView' => array(
(int) 0 => array(
'magazine_article_id' => '367',
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)
)
$current_user = null
$logged_in = false
$user = null
$groupId = null
include - APP/View/MagazineArticles/view.ctp, line 55
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
Notice (8): Undefined index: summary [APP/View/MagazineArticles/view.ctp, line 62]Code Context<?php
echo $this->Html->meta(array('name' => 'description', 'type' => 'meta', 'content' => $magazineArticle['MagazineArticle']['summary']), null, array('inline' => false));?>
$viewFile = '/var/www/html/newbusinessage.com/app/View/MagazineArticles/view.ctp'
$dataForView = array(
'magazineArticle' => array(
'MagazineArticle' => array(
'id' => '367',
'magazine_issue_id' => '80',
'magazine_category_id' => '0',
'title' => 'Time Warner to Spin off Time Magazine',
'image' => null,
'short_content' => null,
'content' => '<p>
<img alt="time" src="/userfiles/images/time.jpg" style="margin: 10px;" /><br />
<br />
Media giant Time Warner has announced plans to spin off its Time Inc magazine unit into an independent, publicly traded company by the end of the year. Time Inc is the company behind publications including Time, Sports Illustrated, Fortune and People. Last month, Time Warner reported a rise in profits but said revenues at Time Magazine had fallen 7%, adding that it planned to restructure the business.<br />
<br />
The publishing industry has suffered as readers and advertisers move online. “After a thorough review of options, we believe that a separation will better position both Time Warner and Time Inc,” Time Warner chief executive Jeff Bewkes said in a statement. Media company Meredith, which had been in talks with Time Warner about combining their magazines, said it respected Time Warner’s decision. (Agency)<br />
<br />
<br />
</p>',
'status' => true,
'publish_date' => '0000-00-00',
'created' => '2013-07-30 00:00:00',
'modified' => '0000-00-00 00:00:00',
'keywords' => 'new business age global biz trends news & articles, global biz trends news & articles from new business age nepal, global biz trends headlines from nepal, current and latest global biz trends news from nepal, economic news from nepal, nepali global biz trends economic news and events, ongoing g',
'description' => 'Media giant Time Warner has announced plans to spin off its Time Inc magazine unit into an independent, publicly traded company by the end of the year. Time Inc is the company behind publications including Time, Sports Illustrated, Fortune and People. Last month, Time Warner reported a rise in profits but said revenues at Time Magazine had fallen 7%, adding that it planned to restructure the business.',
'sortorder' => '344',
'feature_article' => true,
'user_id' => '0',
'image1' => null,
'image2' => null,
'image3' => null,
'image4' => null
),
'MagazineIssue' => array(
'id' => '80',
'image' => 'small_1371721055.jpg',
'sortorder' => '22',
'published' => true,
'created' => '2013-06-20 02:37:49',
'modified' => '2013-06-20 02:57:46',
'title' => 'Global Business Trends',
'publish_date' => '2013-04-01',
'parent_id' => '58',
'homepage' => false,
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'MagazineArticle' => array(
'id' => '367',
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'title' => 'Time Warner to Spin off Time Magazine',
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<img alt="time" src="/userfiles/images/time.jpg" style="margin: 10px;" /><br />
<br />
Media giant Time Warner has announced plans to spin off its Time Inc magazine unit into an independent, publicly traded company by the end of the year. Time Inc is the company behind publications including Time, Sports Illustrated, Fortune and People. Last month, Time Warner reported a rise in profits but said revenues at Time Magazine had fallen 7%, adding that it planned to restructure the business.<br />
<br />
The publishing industry has suffered as readers and advertisers move online. “After a thorough review of options, we believe that a separation will better position both Time Warner and Time Inc,” Time Warner chief executive Jeff Bewkes said in a statement. Media company Meredith, which had been in talks with Time Warner about combining their magazines, said it respected Time Warner’s decision. (Agency)<br />
<br />
<br />
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'description' => 'Media giant Time Warner has announced plans to spin off its Time Inc magazine unit into an independent, publicly traded company by the end of the year. Time Inc is the company behind publications including Time, Sports Illustrated, Fortune and People. Last month, Time Warner reported a rise in profits but said revenues at Time Magazine had fallen 7%, adding that it planned to restructure the business.',
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'title' => 'Global Business Trends',
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include - APP/View/MagazineArticles/view.ctp, line 62
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
Notice (8): Undefined index: summary [APP/View/MagazineArticles/view.ctp, line 68]Code Context echo $this->Html->meta(array('property' => 'og:title', 'type' => 'meta', 'content' => $magazineArticle['MagazineArticle']['title']), null, array('inline' => false));?>
<?php
echo $this->Html->meta(array('property' => 'og:description', 'type' => 'meta', 'content' => $magazineArticle['MagazineArticle']['summary']), null, array('inline' => false));?>
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'MagazineArticle' => array(
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'title' => 'Time Warner to Spin off Time Magazine',
'image' => null,
'short_content' => null,
'content' => '<p>
<img alt="time" src="/userfiles/images/time.jpg" style="margin: 10px;" /><br />
<br />
Media giant Time Warner has announced plans to spin off its Time Inc magazine unit into an independent, publicly traded company by the end of the year. Time Inc is the company behind publications including Time, Sports Illustrated, Fortune and People. Last month, Time Warner reported a rise in profits but said revenues at Time Magazine had fallen 7%, adding that it planned to restructure the business.<br />
<br />
The publishing industry has suffered as readers and advertisers move online. “After a thorough review of options, we believe that a separation will better position both Time Warner and Time Inc,” Time Warner chief executive Jeff Bewkes said in a statement. Media company Meredith, which had been in talks with Time Warner about combining their magazines, said it respected Time Warner’s decision. (Agency)<br />
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'description' => 'Media giant Time Warner has announced plans to spin off its Time Inc magazine unit into an independent, publicly traded company by the end of the year. Time Inc is the company behind publications including Time, Sports Illustrated, Fortune and People. Last month, Time Warner reported a rise in profits but said revenues at Time Magazine had fallen 7%, adding that it planned to restructure the business.',
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<img alt="time" src="/userfiles/images/time.jpg" style="margin: 10px;" /><br />
<br />
Media giant Time Warner has announced plans to spin off its Time Inc magazine unit into an independent, publicly traded company by the end of the year. Time Inc is the company behind publications including Time, Sports Illustrated, Fortune and People. Last month, Time Warner reported a rise in profits but said revenues at Time Magazine had fallen 7%, adding that it planned to restructure the business.<br />
<br />
The publishing industry has suffered as readers and advertisers move online. “After a thorough review of options, we believe that a separation will better position both Time Warner and Time Inc,” Time Warner chief executive Jeff Bewkes said in a statement. Media company Meredith, which had been in talks with Time Warner about combining their magazines, said it respected Time Warner’s decision. (Agency)<br />
<br />
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'description' => 'Media giant Time Warner has announced plans to spin off its Time Inc magazine unit into an independent, publicly traded company by the end of the year. Time Inc is the company behind publications including Time, Sports Illustrated, Fortune and People. Last month, Time Warner reported a rise in profits but said revenues at Time Magazine had fallen 7%, adding that it planned to restructure the business.',
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include - APP/View/MagazineArticles/view.ctp, line 68
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
Time Warner to Spin off Time Magazine
Media giant Time Warner has announced plans to spin off its Time Inc magazine unit into an independent, publicly traded company by the end of the year. Time Inc is the company behind publications including Time, Sports Illustrated, Fortune and People. Last month, Time Warner reported a rise in profits but said revenues at Time Magazine had fallen 7%, adding that it planned to restructure the business.
The publishing industry has suffered as readers and advertisers move online. “After a thorough review of options, we believe that a separation will better position both Time Warner and Time Inc,” Time Warner chief executive Jeff Bewkes said in a statement. Media company Meredith, which had been in talks with Time Warner about combining their magazines, said it respected Time Warner’s decision. (Agency)
