Back in the boom 90’s, Time Inc web sites ran off the Time Inc magazine P&Ls. When AOL came in, one of the fiscal checks was to move the costs for the magazines sites back into the print P&L groups. As the merger started to tank, a hybrid evolved which saw a confederation of magazine-funded staffers, Time Interactive staffers, and AOL-funded staffers all working together,
Now Rafat Ali reports that Time Inc is having layoffs at the magazine sites, and that the editorial, IT, biz dev, etc are all moving back into a centralized structure at Time Interactive, under Ned Desmond.
Back in the boom 90’s, Time Inc web sites ran off the Time Inc magazine P&Ls. When AOL came in, one of the fiscal checks was to move the costs for the magazines sites back into the print P&L groups. As the merger started to tank, a hybrid evolved which saw a confederation of magazine-funded staffers, Time Interactive staffers, and AOL-funded staffers all working together,
Now Rafat Ali reports that Time Inc is having layoffs at the magazine sites, and that the editorial, IT, biz dev, etc are all moving back into a centralized structure at Time Interactive, under Ned Desmond.