$2.8 billion @MeredithCorp buys @TIME

Steve-Jobs-1955-2011-Oct.-17-2011-Time-Magazine-Tribute-Cover

Meredith Corp. to acquire Time Inc. for $2.8 billion – LA Times.

Magazine publisher and broadcast company Meredith Corp. said Sunday afternoon it will acquire Time Inc. in a deal valued at $2.8 billion, a further sign of the steep challenges facing the print magazine industry.

Read more.

Putting this up here so I can search for it later. If you go to readymade.com it goes to Better Homes & Gardens – http://www.bhg.com/decorating/do-it-yourself/. The archives of the magazine are now gone. Meredith currently owns (according to Wikipedia):

  • Ageless Iron
  • Allrecipes
  • American Baby
  • American Patchwork & Quilting
  • Better Homes and Gardens
  • Country Life
  • Diabetic Living
  • Do-It-Yourself
  • Eat This, Not That
  • EatingWell
  • Every Day with Rachael Ray
  • Family Circle
  • FamilyFun
  • Living the Country Life
  • Midwest Living
  • mywedding
  • Parents (and its Spanish language counterpart, Ser Padres)
  • Shape
  • Siempre Mujer
    Successful Farming
  • Traditional Home
  • Wood

Back in the day, Fallon did a bunch of great ads for TIME.

Readymade-Dup1

Previous
MEREDITH SHUTTERS DIY DARLING READYMADE MAGAZINE, ELIMINATES 75 JOBS COMPANYWIDE – 2011.
‘READYMADE’ SNAPPED UP BY MEREDITH – 2006.
Readymade videos still kicking around on vimeo.

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