Reuters logo
Time Inc in talks to buy American Express magazines: report
September 9, 2013 / 9:30 PM / 4 years ago

Time Inc in talks to buy American Express magazines: report

(Reuters) - Time Inc, the magazine publisher that is preparing to spin out from its parent company Time Warner Inc, is in talks to acquire American Express’ titles such as Food & Wine, according to a report in the New York Times.

Time Inc publishes People and Sports Illustrated and has worked with American Express in a management agreement on back office functions like circulation for 20 years.

A spokeswoman for Time Inc declined to comment.

American Express magazines also include Travel & Leisure and the luxury title for its card holders, Departures.

Reporting by Jennifer Saba in New York; Editing by Carol Bishopric

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below