5 thoughts on “Who will buy Time Inc UK?

  1. markb

    Sep 25. 2017

    You posit a cost-stripped business worth perhaps £150m, assuming the pensions liability and restructure costs are borne by the seller. An alternative approach would be a break-up, perhaps backed by private equity. Most of the brands generate positive gross profits; the problem is the overheads and infrastructure, which are sized for a large and diverse portfolio and the strategy, which is defocused because of the breadth of assets owned.

    On one level, seeing the demise of the once-great IPC after almost 120 years would be a tragedy; on the other, it might be the best outcome both financially and for the individual brands and those who work on them.

    Reply to this comment
  2. Anonymous

    Sep 25. 2017

    Having been an employee of this once great company since the early Seventies its sad to witness its demise especially from the inside. Hopefully a new owner can get it back on track. Plenty of opportunities if free of the current structure.

    Reply to this comment
    • markb

      Sep 25. 2017

      I agree the company has an unsupportive owner with problems of its own; in fact, with the possible exception of the early days of Cinven’s tenure I’d say it has had that problem since the late 1980s. But I believe its problems are also structural. There are challenges in being a house of brands at a time when the publisher model (sell content to consumers, then sell consumers to advertisers) is dying and no single replacement model will work for every title owned. That’s why I suspect some kind of break-up may be the optimum scenario.

      Reply to this comment
  3. David Stam

    Sep 25. 2017

    Colin. You may be being a bit harsh on staff numbers. What you refer to as admin staff may well include Marketforce employees. With the demise of Comag, Marketforce has picked up a considerable amount of new business and has a strong future. David Stam. MD Marketforce from 95 to 06.

    Reply to this comment
  4. Julie-Ann

    Oct 12. 2017

    Im still an employee at Time Inc. It’s an interesting and yet worrying time here. I find it amazing that I’m finding out about my company’s transition through social media and not through any direct information at work

    Reply to this comment

Leave a Reply to markb Cancel reply