Tough Road Ahead as Time Inc. Begins Life as an Independent Company

Starting Monday, investors finally have a way to invest in the future of magazines. The important question: will anyone want to?

Time Inc. begins trading on Monday as an independent company, having been spun off from its former parent company, Time Warner.

The near future for much of the company is uncertain, particularly after the New York Times reported that Chief Executive Joe Ripp is looking to make cuts that could end up totaling 25% of the editorial budget

In February, news broke that Time Inc. would be laying off around 500 staffers. It was not immediately clear if the 25% would be in addition to those cuts. Time Inc did not respond to request for comment. Read more...