Meredith Rebrands Time Inc. In-House TV Production Shop As Four M Studios

Meredith Corp. is continuing its overhaul of Time Inc.’s assets as it fully absorbs the acquisition of the iconic publisher, announcing what it calls a “new look, name and direction” of its in-house TV production company.
The shop, fo…

Meredith Corp. is continuing its overhaul of Time Inc.’s assets as it fully absorbs the acquisition of the iconic publisher, announcing what it calls a “new look, name and direction” of its in-house TV production company. The shop, formerly Time Inc. Productions, will now be called Four M Studios. It will be able to draw on content emanating from Meredith titles, including key Time brands such as People and Entertainment Weekly, while also developing long-form projects…

Time Inc. Productions Rebrands as Four M Studios (EXCLUSIVE)

Months after its $1.85 billion acquisition of Time Inc.’s stable of magazines, media conglom Meredith is ready to make its mark on the company’s TV production arm. Time Inc. Prods. will be rebranded as Four M Studios, which will look to continue to exp…

Months after its $1.85 billion acquisition of Time Inc.’s stable of magazines, media conglom Meredith is ready to make its mark on the company’s TV production arm. Time Inc. Prods. will be rebranded as Four M Studios, which will look to continue to expand its television footprint in areas like food, home, lifestyle and entertainment […]

Meredith Plans 1,200 Layoffs, Will Sell Time, Sports Illustrated, Fortune And Money

Meredith Corp., which bought Time Inc. last year for $1.85 billion, has confirmed plans to lay off 1,200 workers by year-end and explore the sale of four key brands as the integration of the two companies continues.
“We have made significant progress executing on these initiatives since we closed on the acquisition just six weeks ago,” said Meredith President and CEO Tom Harty.
Time, Sports Illustrated, Fortune and Money are all going on the block, as had been rumored, a…

Meredith Corp., which bought Time Inc. last year for $1.85 billion, has confirmed plans to lay off 1,200 workers by year-end and explore the sale of four key brands as the integration of the two companies continues. “We have made significant progress executing on these initiatives since we closed on the acquisition just six weeks ago,” said Meredith President and CEO Tom Harty. Time, Sports Illustrated, Fortune and Money are all going on the block, as had been rumored, a…

Meredith Laying Off 1,200, Will Explore Sale of Time, SI, Fortune and Money Brands

Six weeks after closing its deal for Time Inc., Meredith announced the layoffs of 200 employees — and said it plans to eliminate another 1,000 positions in the next 10 months. In addition, the media and publishing company confirmed that it will explore the sale of Time, Sports Illustrated, Fortune, and Money brands, which are […]

Six weeks after closing its deal for Time Inc., Meredith announced the layoffs of 200 employees — and said it plans to eliminate another 1,000 positions in the next 10 months. In addition, the media and publishing company confirmed that it will explore the sale of Time, Sports Illustrated, Fortune, and Money brands, which are […]

Meredith Plans Up to 300 Layoffs, Mostly at Time Inc

The Meredith Corporation is planning a corporate bloodbath later this week, with plans to slice between 200 and 300 jobs, the Wall Street Journal reported Sunday.

Most of the cuts are expected to hit Time Inc. management, which Meredith acquired in January. Editorial, which usually bears the brunt of these types of cuts, will apparently escape mostly unscathed  — for now.

A spokesperson for Meredith declined to comment on the story.

Also Read: Meredith Buys Time Inc. in $2.8 Billion ‘All-Cash’ Deal

According to the Journal’s Jeffrey Trachtenberg, the layoffs are designed to reduce corporate redundancies between Meredith and its new holdings and trimming Time’s overhead is part of what made the company financially attractive in the first place.

The report also says Meredith is trying to unload other recently acquired properties including Fortune, Time, Sports Illustrated and Money and is not planning any major surgery there for now.

Meredith, a veteran media company, with a stable of magazine and television properties, purchased Time Inc. and its slew of name brand magazines for $2.8 billion. The deal was a major coup for Meredith which had tried and failed twice before to purchase the company.

Also Read: Vice Media Union Calls Company’s Response to Misconduct Claims ‘Deeply Flawed’

Meredith’s successful bid was only facilitated by an infusion of $650 million from Charles and David Koch, two of the world’s richest men and generous GOP fundraisers. It remains unclear what the Kochs’ ultimate intentions are in brokering the purchase.

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Patton Oswalt Shares Meredith Salenger Wedding Video, Reflects on This Year’s ‘Great Twist’

Watch Meredith Vieira Call Out Matt Lauer Over a ‘Huge Bag of Sex Toys’ in His Office (Video)

Will Koch Brothers Really Stay on Sidelines After Meredith Acquires Time Inc?

Time Inc, Meredith Shares Up 10 Percent on News of $2.8 Billion Merger

The Meredith Corporation is planning a corporate bloodbath later this week, with plans to slice between 200 and 300 jobs, the Wall Street Journal reported Sunday.

Most of the cuts are expected to hit Time Inc. management, which Meredith acquired in January. Editorial, which usually bears the brunt of these types of cuts, will apparently escape mostly unscathed  — for now.

A spokesperson for Meredith declined to comment on the story.

According to the Journal’s Jeffrey Trachtenberg, the layoffs are designed to reduce corporate redundancies between Meredith and its new holdings and trimming Time’s overhead is part of what made the company financially attractive in the first place.

The report also says Meredith is trying to unload other recently acquired properties including Fortune, Time, Sports Illustrated and Money and is not planning any major surgery there for now.

Meredith, a veteran media company, with a stable of magazine and television properties, purchased Time Inc. and its slew of name brand magazines for $2.8 billion. The deal was a major coup for Meredith which had tried and failed twice before to purchase the company.

Meredith’s successful bid was only facilitated by an infusion of $650 million from Charles and David Koch, two of the world’s richest men and generous GOP fundraisers. It remains unclear what the Kochs’ ultimate intentions are in brokering the purchase.

Related stories from TheWrap:

Patton Oswalt Shares Meredith Salenger Wedding Video, Reflects on This Year's 'Great Twist'

Watch Meredith Vieira Call Out Matt Lauer Over a 'Huge Bag of Sex Toys' in His Office (Video)

Will Koch Brothers Really Stay on Sidelines After Meredith Acquires Time Inc?

Time Inc, Meredith Shares Up 10 Percent on News of $2.8 Billion Merger

Google Launches ‘Visually Rich’ AMP Stories in Search, Akin to Snapchat Stories

Google has officially launched AMP Stories in its search engine, aiming to let media companies deliver more visually exciting content to mobile devices. Publishers that have been working with Google on developing AMP Stories for the web include Time Warner’s CNN, Condé Nast, Hearst, Mashable, Meredith, Mic, Vox Media, and the Washington Post. The format […]

Google has officially launched AMP Stories in its search engine, aiming to let media companies deliver more visually exciting content to mobile devices. Publishers that have been working with Google on developing AMP Stories for the web include Time Warner’s CNN, Condé Nast, Hearst, Mashable, Meredith, Mic, Vox Media, and the Washington Post. The format […]

Time Inc., Meredith Shares Rise After Mega-Deal Announced

Investors sent stocks of both Time Inc. and Meredith up Monday, after the companies’ announcement Sunday evening that Meredith reached an agreement to acquire Time Inc. Shares of Time Inc., not surprisingly, opened up 9.2% at $18.45 per share and hovered around there through morning trading. Wall Street responded enthusiastically to Meredith’s move, pushing the […]

Investors sent stocks of both Time Inc. and Meredith up Monday, after the companies’ announcement Sunday evening that Meredith reached an agreement to acquire Time Inc. Shares of Time Inc., not surprisingly, opened up 9.2% at $18.45 per share and hovered around there through morning trading. Wall Street responded enthusiastically to Meredith’s move, pushing the […]