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Time Inc. to Shed 18 Titles, Including ‘Parenting’

Published on September 13, 2006
Time Inc. plans to sell 18 special interest publications in order to improve revenue, banking on its mass audience titles such as Time and People to help pull it out of its slump. The sale comes after parent company Time Warner singled out the division as one of the reasons for the conglomerate's recent and disappointing financial report.