The Last Days of Time Inc.

Sridhar Pappu and Jay Stowe, writing for The New York Times:

An oral history of how the pre-eminent media organization of the 20th century ended up on the scrap heap.

It was once an empire. Now it is being sold for parts.

Walter Isaacson on the heyday:

There were gentlemen writers and editors and women researchers who stayed up late and often had affairs. People just stayed in the office and would make drinks, or people would go out to long dinners. You felt like you were in some movie version of an elegant magazine.

It’s really hard to believe how far Time Inc. and its flagship magazines have fallen. Up until just 10-15 years ago it’s hard to overstate how influential Time and Sports Illustrated were, or how staggeringly profitable People was. What an ignominious end to a once-great company.

★ Tuesday, 22 May 2018