Time Magazine
Time Magazine is a company.
Financial History
Leadership Team
Key people at Time Magazine.
Time Magazine is a company.
Key people at Time Magazine.
TIME Magazine is a pioneering American news magazine founded in 1923 as the first weekly news digest, designed to deliver concise summaries of global events for busy readers.[1][3][5] It evolved from a print publication under Time Inc.—which published over 100 magazines including *People*, *Fortune*, and *Sports Illustrated*—into a global media brand with a website, biweekly print issues (since 2020), social media reaching 51 million, TIME Studios for film/TV, live events, and platforms like TIME CO2 for climate action and TIME Stamped for e-commerce recommendations.[4][5] Its mission remains providing trusted guidance on ideas and people shaping the world, backed by 100 years of authority and an audience exceeding 100 million.[5]
Henry Luce and Briton Hadden, both 23-year-old Yale Daily News alumni, quit their jobs in 1922 after nightly discussions on creating a news magazine for efficient reading, forming Time Inc. on November 28, 1922, and launching the first *TIME* issue on March 3, 1923, in New York City.[1][2][3][4] Hadden served as editor and Luce as business manager; they raised $86,000 of a $100,000 goal, initially considering names like *Facts* before settling on *TIME* with the slogan “Take Time – It’s Brief.”[1][2] After Hadden's death in 1929, Luce drove expansion, launching *Fortune* (1930), *Life* (1936), and *Sports Illustrated* (1954), growing circulation to over 175,000 by 1927.[2][3] Time Inc. merged into Time Warner (1989), AOL Time Warner (2000), and was sold to Meredith Corporation in 2017; Salesforce co-founder Marc Benioff acquired *TIME* in 2018.[1][3][4]
*TIME* rode the 20th-century rise of mass media, leveraging radio (*The March of Time* series) and newsreels for global promotion alongside U.S. interests, then adapted to digital shifts amid print declines (e.g., 2007 layoffs, bureau closures).[1][3][4] In tech, it influences through coverage of innovators and trends, TIME Stamped's e-commerce with Taboola, and TIME Studios' collaborations with journalists for immersive content, amplifying narratives on AI, climate, and culture.[5] Market forces like streaming and social media favor its pivot to multi-platform authority, sustaining influence where pure print rivals faltered.
*TIME* will likely deepen digital and experiential ventures—expanding TIME Studios, CO2 for sustainability, and AI-enhanced recommendations via TIME Stamped—amid media fragmentation.[5] Trends like premium unscripted content and climate journalism position it to shape discourse on tech-driven global challenges, evolving from news digest to multifaceted brand. Its century-tested trust ensures enduring relevance in an era of information overload, circling back to its founding promise of brief, reliable insight for a busy world.[1][5]
Key people at Time Magazine.