Time was the first weekly news magazine of its kind. It was launched in 1923, proved enormously successful because it was the first publication to give comprehensive, of superficial, commentary on national and international news every week.
In March 1989, Warner Communications Inc and Time Inc announced plans for a merger, which would create the world’s largest communications organization. On January 10, 1990, the $14.9 billion merger of the two companies became official. The new identity was called Time Warner and lasted until the company was spun off on June 9, 2014.
Time Inc.
