On Monday June 9 2014, the nation’s largest magazine publisher will begin trading as an independent company — stock symbol: TIME — with an uncertain future. What was once a jewel in terms of profit and stature is now a drag on the share price of Time Warner, its parent company, and is being spun off with little ceremony and a load of debt. Absent the diversified portfolio of Time Warner, Time Inc. will be going it alone with more than 90 magazines and 45 websites in a market that views print as a thing of the past. The new entity will start off with $1.3 billion in debt, including $600 million that will go toward a one-time cash dividend to Time Warner shareholders.
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|Jeffrey L Bewkes, Frank J Caufield, Jessica P Einhorn, Carla A Hills, Lisa Barry, Gary Ginsberg, Clifton R Wharton Jr
|Kenneth J Novack, Richard J Bressler, Lisa Nelson, Steve Case, Sam Mandel
|US Department of Justice
|William Barr, Carla A Hills, John Kent Walker, David Kris
|US Department of Commerce
|Lisa Barry, Kira Alvarez, Carlos Gutierrez, Chris Israel
|Robert C Clark, Herbert M Allison Jr., Clifton R Wharton Jr
|Norman Pearlstine, Howard M Averill, Maurice F Edelson
|Richard D Parsons, Deborah C Wright, Carlos Gutierrez
|Richard J Bressler, Carol Melton, Gail Mackinnon
|The Partnership for New York City, Inc.
|Richard D Parsons, Jeffrey L Bewkes, Deborah C Wright
|Office of the United States Trade Representative
|Carla A Hills, Lisa Barry, Kira Alvarez
|White House Office
|Richard D Parsons, Susan Brophy, Robert Kimmitt
|Time Warner Cable Inc.
|Steven Teplitz, Olaf Olafsson
|Lisa Barry, Robert Kimmitt
|Lehman Brothers Holdings, Inc
|Kenneth J Novack, Robert Kimmitt
|Richard D Parsons, Clifton R Wharton Jr
|Kirkland & Ellis
|William Barr, Paul T Cappuccio
|American International Group, Inc.
|Stephen F Bollenbach, Carla A Hills
|James L Barksdale, Edward J Zander
|Kleiner Perkins Caufield & Byers
|James L Barksdale, Frank J Caufield
|John Borthwick, Sam Mandel