Media Math Of The Moment: Time Inc./Time4 Media Edition
Posted by: Jon Fine on January 26, 2007
Time Inc, purchase price for the Times Mirror (soon to be renamed Time4 Media) magazine group, December, 2000:
$475 million
Likely sale price* of entire Time4Media magazine group—not including This Old House and Golf Magazine, which Time Inc. is retaining—plus its two Parenting Group magazines and related businesses, January, 2007:
Approximately $225 million.
(*: precise sale price undisclosed, but this is roughly what sources close to the situation say.)
