Meredith Long, 38, is the new publisher of Time, taking over for Jed Hartman, who exited the group publisher slot last year for the chief revenue officer job at the Washington Post.
The 12-year Time, who was executive director for west coast sales, will relocate from Los Angeles to New York.
She'll coordinate activity with editor Nancy Gibbs in the bid to develop new revenue streams for the publication with 70M print, online and mobile readers.
Long, who has good ties with Toyota's Time's No. 1 advertiser, also developed the magazine's partnership with the Motion Picture & Television Fund's healthcare summit.
Evelyn Webster, Time Inc. executive VP, said Long has "deep industry relationships and creative energy make her an exciting and marketing leader" for the magazine.
Long started at Time as an account manager and has held jobs in Washington, LA and San Francisco.
She began her career at Fallon advertising firm.
Meanwhile, Time has launched Daily Cut, an online platform with a library of more than 35K videos and 1,500 hours of premium material from its family of magazine brands.
Daily Cut is an app for Apple, Android and Roku platforms as well as www.dailycut.com.
JR McCabe, senior VP for video at Time Inc., said as "audiences pursue video across devices, advertisers are following suit and we can now offer them a highly compelling lean-back experience to our range of video channels and extensions."
Trump Media & Technology Group today reported a $58.2M net loss on $4.1M in 2023 revenues, a disclosure that drove its stock price down 22.6 percent to $47.96.
Barry Pollack, an attorney at Wall Street’s Harris St. Laurent & Wechsler, has registered Julian Assange as a client with the Justice Dept. “out of an abundance of caution.”
Paramount Global to slash 800 jobs in what chief executive Bob Bakish calls part of an effort to “return the company to earnings growth"... Rolling Stone editor-in-chief Noah Shachtman is exiting at the end of the month due to disagreements with chief executive Gus Wenner over the direction the magazine is taking... The New York Times broke the $1 billion barrier in annual revenue from digital subscriptions in 2023... Press Forward is investing more than $500 million to strengthen local newsrooms.
The majority of news articles are read within the first three days of publication, according to a recent report.
The Los Angeles Times gives pink slips to 115 people or 20 percent of its newsroom staff... TIME is also laying off about 30 employees, which is approximately 15 percent of its editorial staff... The Baltimore Banner, which was launched by Stewart Bainum in 2022 after he failed to buy the Baltimore Sun, added 500 subscribers per day in the three days following Sinclair Broadcast Group's deal to purchase the Sun.
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