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Time Inc. Magazine & Online stat
msmith99
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10-12-2008 6:03 PM
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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/6ea22f72-ff7b-4485-ab8b-7fea34128e00/3E1C0710-8349-4CB4-8C9E-80C96E0692FD/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://swik.net/159" href="http://swik.net/159" style="font-size: 11px;">swik.net</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://swik.net/159"><P>She might run the biggest magazine company in the world in a time of falling advertising revenue and dwindling sales, but Time Inc's (NYSE:TWX) CEO and Chairman <A title="Anne Moore" href="http://swik.net/v">Anne Moore</A> doesn't sound too concerned. She tells <A title="The Times" href="http://business.timesonline.co.uk/tol/business/industry_sectors/media/article4916337.ece">The Times</A> of a two-year strategy to get her company, owner of consumer UK magazine publisher IPC Media, through the downturn—which will look to address its nine percent Q208 drop in ad revenue. <B>Digital revenues grew 73 percent in 2007 and now make up 15 percent of the group's total ad revenue</B>. Moore considers Time not a magazine publisher but a "content company" But as The Times's Dan Sabbagh writes: "<B>Nevertheless, print magazine advertising is heading south this year, and digital growth in 2008 will miss the previous 53 per cent target</B>". </P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;"> </td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/3E1C0710-8349-4CB4-8C9E-80C96E0692FD/blog/" title="blog or email this clip"><img src="http://content7.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>
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