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Burning through money at Time Inc.

Feb 11, 2018 - Los Angeles Times

I started as a writer at Time Magazine on a Monday in 1998. I turned up that morning to find the 23rd floor of the Time-Life building, the editorial offices, deserted. Nobody at Time went in to work on Mondays. The magazine operated on a Tuesday through Friday schedule. That was the first of many quirks I would enjoy at what was still an immensely profitable enterprise. Time, that year following the death of Princess Diana and preceding the death of John F. Kennedy Jr., was a cash cow. Those cel...