Meredith to sell Time and Sports Illustrated magazines – ValueWalk Premium

Meredith to sell Time and Sports Illustrated magazines

US media and marketing group Meredith said Wednesday it was seeking a buyer for four magazines, including Time and Sports Illustrated, which it acquired less than four months ago. The company also announced a savings plan that would allow it to reduce its annual spending by $400 million to $500 million over the first two years,…



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