Time is an American weekly news magazine and news website published in New York City. It was founded in 1923 and originally run by Henry Luce. A European edition (Time Europe, formerly known as Time Atlantic) is published in London and also covers the Middle East, Africa, and, since 2003, Latin America. An Asian edition (Time Asia) is based in Hong Kong. The South Pacific edition, which covers Australia, New Zealand, and the Pacific Islands, is based in Sydney. In December 2008, Time discontinued publishing a Canadian advertiser edition.
Time has the world's largest circulation for a weekly news magazine. The print edition has a readership of 26 million, 20 million of whom are based in the United States. In mid-2012, its circulation was over three million, which had lowered to two million by late 2017.
Richard Stengel was the managing editor from May 2006 to October 2013, when he joined the U.S. State Department. Nancy Gibbs was the managing editor from September 2013 until September 2017. She was succeeded by Edward Felsenthal, who had been Time's digital editor.
|First issue||March 3, 1923|
|Based in||New York City, New York, U.S.|
Time magazine was created in 1923 by Briton Hadden and Henry Luce, making it the first weekly news magazine in the United States. The two had previously worked together as chairman and managing editor, respectively, of the Yale Daily News. They first called the proposed magazine Facts. They wanted to emphasize brevity, so that a busy man could read it in an hour. They changed the name to Time and used the slogan "Take Time–It's Brief". Hadden was considered carefree and liked to tease Luce. He saw Time as important, but also fun, which accounted for its heavy coverage of celebrities (including politicians), the entertainment industry, and pop culture—criticized as too light for serious news.
It set out to tell the news through people, and for many decades, the magazine's cover depicted a single person. More recently, Time has incorporated "People of the Year" issues which grew in popularity over the years. Notable mentions of them were Barack Obama, Steve Jobs, etc. The first issue of Time was published on March 3, 1923, featuring Joseph G. Cannon, the retired Speaker of the House of Representatives, on its cover; a facsimile reprint of Issue No. 1, including all of the articles and advertisements contained in the original, was included with copies of the February 28, 1938 issue as a commemoration of the magazine's 15th anniversary. The cover price was 15¢ (equivalent to $2.21 in 2018) On Hadden's death in 1929, Luce became the dominant man at Time and a major figure in the history of 20th-century media. According to Time Inc.: The Intimate History of a Publishing Enterprise 1972–2004 by Robert Elson, "Roy Edward Larsen [...] was to play a role second only to Luce's in the development of Time Inc". In his book, The March of Time, 1935–1951, Raymond Fielding also noted that Larsen was "originally circulation manager and then general manager of Time, later publisher of Life, for many years president of Time Inc., and in the long history of the corporation the most influential and important figure after Luce".
Around the time they were raising $100,000 from wealthy Yale alumni such as Henry P. Davison, partner of J.P. Morgan & Co., publicity man Martin Egan and J.P. Morgan & Co. banker Dwight Morrow, Henry Luce, and Briton Hadden hired Larsen in 1922 – although Larsen was a Harvard graduate and Luce and Hadden were Yale graduates. After Hadden died in 1929, Larsen purchased 550 shares of Time Inc., using money he obtained from selling RKO stock which he had inherited from his father, who was the head of the Benjamin Franklin Keith theatre chain in New England. However, after Briton Hadden's death, the largest Time, Inc. stockholder was Henry Luce, who ruled the media conglomerate in an autocratic fashion, "at his right hand was Larsen", Time's second-largest stockholder, according to Time Inc.: The Intimate History of a Publishing Enterprise 1923–1941. In 1929, Roy Larsen was also named a Time Inc. director and vice president. J. P. Morgan retained a certain control through two directorates and a share of stocks, both over Time and Fortune. Other shareholders were Brown Brothers W. A. Harriman & Co., and the New York Trust Company (Standard Oil).
The Time Inc. stock owned by Luce at the time of his death was worth about $109 million, and it had been yielding him a yearly dividend of more than $2.4 million, according to Curtis Prendergast's The World of Time Inc.: The Intimate History of a Changing Enterprise 1957–1983. The Larsen family's Time stock was worth around $80 million during the 1960s, and Roy Larsen was both a Time Inc. director and the chairman of its executive committee, later serving as Time's vice chairman of the board until the middle of 1979. According to the September 10, 1979, issue of The New York Times, "Mr. Larsen was the only employee in the company's history given an exemption from its policy of mandatory retirement at age 65."
After Time magazine began publishing its weekly issues in March 1923, Roy Larsen was able to increase its circulation by using U.S. radio and movie theaters around the world. It often promoted both Time magazine and U.S. political and corporate interests. According to The March of Time, as early as 1924, Larsen had brought Time into the infant radio business with the broadcast of a 15-minute sustaining quiz show entitled Pop Question which survived until 1925". Then, in 1928, Larsen "undertook the weekly broadcast of a 10-minute programme series of brief news summaries, drawn from current issues of Time magazine [...] which was originally broadcast over 33 stations throughout the United States".
Larsen next arranged for a 30-minute radio program, The March of Time, to be broadcast over CBS, beginning on March 6, 1931. Each week, the program presented a dramatisation of the week's news for its listeners, thus Time magazine itself was brought "to the attention of millions previously unaware of its existence", according to Time Inc.: The Intimate History of a Publishing Enterprise 1923–1941, leading to an increased circulation of the magazine during the 1930s. Between 1931 and 1937, Larsen's The March of Time radio program was broadcast over CBS radio and between 1937 and 1945 it was broadcast over NBC radio – except for the 1939 to 1941 period when it was not aired. People Magazine was based on Time's People page.
In 2000, Time became part of AOL Time Warner, which reverted to the name Time Warner in 2003.
In 2007, Time moved from a Monday subscription/newsstand delivery to a schedule where the magazine goes on sale Fridays, and is delivered to subscribers on Saturday. The magazine actually began in 1923 with Friday publication.
During early 2007, the year's first issue was delayed for roughly a week due to "editorial changes", including the layoff of 49 employees.
In 2009, Time announced that they were introducing a personalized print magazine, Mine, mixing content from a range of Time Warner publications based on the reader's preferences. The new magazine met with a poor reception, with criticism that its focus was too broad to be truly personal.
The magazine has an online archive with the unformatted text for every article published. The articles are indexed and were converted from scanned images using optical character recognition technology. The minor errors in the text are remnants of the conversion into digital format.
Time Inc. and Apple have come to an agreement wherein U.S. subscribers to Time will be able to read the iPad versions for free, at least until the two companies sort out a viable digital subscription model.
In January 2013, Time Inc. announced that it would cut nearly 500 jobs – roughly 6% of its 8,000 staff worldwide. Although Time magazine has maintained high sales, its ad pages have declined significantly over time.
Also in January 2013, Time Inc. named Martha Nelson as the first female editor-in-chief of its magazine division. In September 2013, Nancy Gibbs was named as the first female managing editor of Time magazine.
In November 2017, Meredith Corporation announced its acquisition of Time, Inc., backed by Koch Equity Development. In March 2018, only six weeks after the closure of the sale, Meredith announced that it would explore the sale of Time and sister magazines Fortune, Money, Sports Illustrated, since they did not align with the company's lifestyle brands.
In September 2018, Meredith announced that it would re-sell Time to Marc Benioff and his wife Lynne for $190 million, which was completed on October 31, 2018. Although Benioff is the chairman and co-CEO of Salesforce.com, Time will remain separate from the company, and Benioff will not be involved in its daily operations.
During the second half of 2009, the magazine had a 34.9% decline in newsstand sales. During the first half of 2010, another decline of at least one-third in Time magazine sales occurred. In the second half of 2010, Time magazine newsstand sales declined by about 12% to just over 79,000 copies per week.
As of 2012, it has a circulation of 3.3 million, making it the 11th-most circulated magazine in the United States, and the second-most circulated weekly behind People. As of July 2017, its circulation is 3,028,013. In October 2017, Time cut its circulation to two million.
Time has the world's largest circulation for a weekly news magazine. The print edition has a readership of 26 million, 20 million of whom are based in the United States. In mid-2012, its circulation was over three million, which had lowered to two million by late 2017.
Time initially possessed a distinctive writing style, making regular use of inverted sentences. This was parodied in 1936 by Wolcott Gibbs in The New Yorker: "Backward ran sentences until reeled the mind [...] Where it all will end, knows God!"
Until the mid-1970s, Time had a weekly section called "Listings", which contained capsule summaries and/or reviews of then-current significant films, plays, musicals, television programs, and literary bestsellers similar to The New Yorker's "Current Events" section.
Time is also known for its signature red border, first introduced in 1927. The border has only been changed five times since 1927: The issue released shortly after the September 11 attacks on the United States featured a black border to symbolize mourning. However, this edition was a special "extra" edition published quickly for the breaking news of the event; the next regularly scheduled issue contained the red border. Additionally, the April 28, 2008, Earth Day issue, dedicated to environmental issues, contained a green border. The next change in border was in the September 19, 2011, issue, commemorating the 10th anniversary of September 11 attacks with a metallic silver border. Another silver border was used in the December 31, 2012, issue, noting Barack Obama's selection as Person of the Year. The most recent change was the November 28 / December 5, 2016 issue, featuring a silver border covering the Most Influential Photos of All Time. Former president Richard Nixon has been among the most frequently-featured on the front page of Time, having appeared 55 times from the August 25, 1952 issue to the May 2, 1994 issue.
In 2007, Time engineered a style overhaul of the magazine. Among other changes, the magazine reduced the red cover border to promote featured stories, enlarged column titles, reduced the number of featured stories, increased white space around articles, and accompanied opinion pieces with photographs of the writers. The changes have met both criticism and praise.
Time's most famous feature throughout its history has been the annual "Person of the Year" (formerly "Man of the Year") cover story, in which Time recognizes the individual or group of individuals who have had the biggest impact on news headlines over the past 12 months. The distinction is supposed to go to the person who, "for good or ill", has most affected the course of the year; it is, therefore, not necessarily an honor or a reward. In the past, such figures as Adolf Hitler and Joseph Stalin have been Man of the Year.
In 2006, Person of the Year was designated as "You", a move that was met with split reviews. Some thought the concept was creative; others wanted an actual person of the year. Editors Pepper and Timmer reflected that, if it had been a mistake, "we're only going to make it once".
In 2017, Time named The Silence Breakers, women and men who came forward with personal stories of sexual harassment, as Person of the Year.
In recent years, Time has assembled an annual list of the 100 most influential people of the year. Originally, they had made a list of the 100 most influential people of the 20th century. These issues usually have the front cover filled with pictures of people from the list and devote a substantial amount of space within the magazine to the 100 articles about each person on the list. In some cases, over 100 people have been included, as when two people have made the list together, sharing one spot.
The magazine also compiled "All-TIME 100 best novels" and "All-TIME 100 best movies" lists in 2005, "The 100 Best TV Shows of All-TIME" in 2007, and "All-TIME 100 Fashion Icons" in 2012.
In February 2016, Time included the British and male author Evelyn Waugh on its "100 Most Read Female Writers in College Classes" list (he was 97th on the list) which created much media attention and concerns about the level of basic education among the magazine's staff. Time later issued a retraction. In a BBC interview with Justin Webb, Professor Valentine Cunningham of Corpus Christi College, Oxford, described the mistake as "a piece of profound ignorance on the part of Time magazine".
During its history, on five nonconsecutive occasions, Time has released a special issue with a cover showing an X scrawled over the face of a man or a national symbol. The first Time magazine with a red X cover was released on May 7, 1945, showing a red X over Adolf Hitler's face. The second X cover was released more than three months later on August 20, 1945, with a black X (to date, the magazine's only such use of a black X) covering the flag of Japan, representing the recent surrender of Japan and which signaled the end of World War II.
Fifty-eight years later, on April 21, 2003, Time released another issue with a red X over Saddam Hussein's face, two weeks after the invasion. On June 13, 2006, Time magazine printed a red X cover issue following the death of Abu Musab al-Zarqawi in a U.S. airstrike in Iraq. The most recent red X cover issue of Time was published on May 2, 2011, after the death of Osama bin Laden.
Time for Kids is a division magazine of Time that is especially published for children and is mainly distributed in classrooms. TFK contains some national news, a "Cartoon of the Week", and a variety of articles concerning popular culture. An annual issue concerning the environment is distributed near the end of the U.S. school term. The publication rarely exceeds ten pages front and back.
|Managing Editor||Editor From||Editor To|
|John S. Martin||1929||1937|
|T. S. Matthews||1943||1949|
|James R. Gaines||1993||1995|
This 1940 snapshot includes:
The following is a list of other major American news magazines:
excerpt and text search
official corporate history
official corporate history
Azim Hashim Premji (born 24 July 1945) is an Indian business tycoon, investor, and philanthropist, who is the chairman of Wipro Limited. He is informally known as the Czar of the Indian IT Industry. He was responsible for guiding Wipro through four decades of diversification and growth to finally emerge as one of the global leaders in the software industry. In 2010, he was voted among the 20 most powerful men in the world by Asiaweek. He has twice been listed among the 100 most influential people by TIME Magazine, once in 2004 and more recently in 2011. Premji owns 73% percent of Wipro and also owns a private equity fund, Premji Invest, which manages his $2 billion worth of personal portfolio.
He is currently the second richest person in India with an estimated net worth of US$15.6 billion as of October 2018. In 2013, he agreed to give away at least half of his wealth by signing The Giving Pledge. Premji started with a $2.2 billion donation to the Azim Premji Foundation, focused on education in India.H. H. Kung
Kung Hsiang-hsi (Chinese: 孔祥熙; pinyin: Kǒng Xiángxī; Wade–Giles: K'ung3 Hsiang2-hsi1; September 11, 1881 – August 16, 1967), often known as Dr. H. H. Kung, was a Chinese banker and politician in the early 20th century. He married Soong Ai-ling, the eldest of the three Soong sisters; the other two married President Sun Yat-sen and the later President Chiang Kai-shek. Together with his brother-in-law, Soong Tse-ven, he was highly influential in determining the economic policies of the Kuomintang-led Nationalist government of the Republic of China in the 1930s and 1940s.Jay Carney
James "Jay" Carney (born May 22, 1965) is the former press secretary to President Barack Obama.
From 2014 to 2015, he worked as a senior political analyst at CNN. He served as White House press secretary, from 2011 to 2014, and his resignation was accepted by President Barack Obama, on May 30, 2014. From 2008 to 2011, he was director of communications for Vice President Joe Biden. He worked as the Time Magazine Washington bureau chief, from 2005 to 2008 and was a regular contributor in the "roundtable" segment of This Week with George Stephanopoulos for ABC News.
Carney has been the senior vice president of worldwide corporate affairs at Amazon since March 2, 2015.Kenyon College
Kenyon College is a private liberal arts college in Gambier, Ohio, United States, founded in 1824 by Philander Chase. Kenyon College is accredited by The Higher Learning Commission.Kenyon has currently 1,708 undergraduates enrolled in it and the campus size is 1,000 acres. It has a rural setting and uses a semester-based academic calendar. The campus is home to the Brown Family Environmental Center, whose 382 acres host seven different ecosystems and academic opportunities including the Summer Science Scholars program. Here, students also engage in activities like bird watching and hiking. There are more than 120 student clubs and organizations on campus, including approximately 12 fraternities and sororities. Kenyon athletes are called Lords and Ladies which compete in the NCAA Division III North Coast Athletic Conference. According to 2018 U.S. News & World Report rankings, Kenyon had 13th best undergraduate teaching in the U.S. Additionally, Kenyon was rated as the 983rd best value college by the 2018 PayScale College Return on Investment Report. Time (magazine)'s 2018-2019 "Best Colleges in America" report ranked Kenyon as the 214th best college in the country, respectively.Despite its small size, Kenyon's alumni have gone on to make advances in their field. Notable alumni include 6 Rhodes Scholars, 10 Marshall Scholarship winners, 12 Truman Scholarship winners, and numerous Watson Fellowship holders and Fulbright scholarship recipients. Famous graduates include U.S. President Rutherford B. Hayes, Swedish prime minister Olof Palme, actors Paul Newman and Allison Janney, University of Texas basketball coach Shaka Smart, and writers Josh Radnor, John Green, and E. L. Doctorow.Lakshmi Mittal
Lakshmi Niwas Mittal (pronunciation ; born 15 June 1950) is an Indian steel magnate, based in the United Kingdom. He is the chairman and CEO of ArcelorMittal, the world's largest steelmaking company. Mittal owns 38% of ArcelorMittal and holds an 11% stake in Queens Park Rangers F.C..
In 2005, Forbes ranked Mittal as the third-richest person in the world and become first Indian to be ranked in top ten Forbes list. In 2007, Mittal was considered to be the richest Asian person in Europe. He was ranked the sixth-richest person in the world by Forbes in 2011, but dropped to 82nd place in March 2015. In spite of the drop, Forbes estimated that he still had a personal wealth of US$16 billion in October 2013. In 2017, Forbes ranked him as the 56th-richest person in the world with a net worth of US$20.4 billion. He is also the "57th-most powerful person" of the 72 individuals named in Forbes' "Most Powerful People" list for 2015. His daughter Vanisha Mittal's wedding was the second-most expensive in recorded history.Mittal has been a member of the board of directors of Goldman Sachs since 2008. He sits on the World Steel Association's executive committee, and is a member of the Global CEO Council of the Chinese People's Association for Friendship with Foreign Countries, the Foreign Investment Council in Kazakhstan,, the World Economic Forum's International Business Council, and the European Round Table of Industrialists.He is also a member of the board of trustees of the Cleveland Clinic.In 2005 The Sunday Times named him "Business Person of 2006", the Financial Times named him "Person of the Year", and Time magazine named him "International Newsmaker of the Year 2006". In 2007, Time magazine included him in their "Time 100" list.Laverne Cox
Laverne Cox is an American actress and LGBT advocate. She rose to prominence with her role as Sophia Burset on the Netflix series Orange Is the New Black, becoming the first openly transgender person to be nominated for a Primetime Emmy Award in the acting category, and the first to be nominated for an Emmy Award since composer Angela Morley in 1990. In 2015, she won a Daytime Emmy Award in Outstanding Special Class Special as executive producer for Laverne Cox Presents: The T Word, making her the first openly transgender woman to win the award. In 2017, she became the first transgender person to play a transgender series regular on broadcast TV as Cameron Wirth on CBS's Doubt.Cox appeared as a contestant on the first season of VH1's reality show I Want to Work for Diddy, and co-produced and co-hosted the VH1 makeover television series TRANSform Me. In April 2014, Cox was honored by GLAAD with its Stephen F. Kolzak Award for her work as an advocate for the transgender community. In June 2014, Cox became the first openly transgender person to appear on the cover of Time magazine. Cox is the first openly transgender person to appear on the cover of a Cosmopolitan magazine, with her February 2018 cover on the South African edition. She is also the first openly transgender person to have a wax figure of herself at Madame Tussauds.List of covers of Time magazine (1920s)
This is a list of people appearing on the cover of Time magazine in the 1920s. Time was first published in 1923. As Time became established as one of the United States' leading newsmagazines, an appearance on the cover of Time became an indicator of a person's notability, fame or notoriety. Such features were accompanied by articles about the person.
For other decades, see Lists of people on the cover of Time magazine.Maureen Dowd
Maureen Brigid Dowd (; born January 14, 1952) is an American columnist for The New York Times and an author.
During the 1970s and the early 1980s, Dowd worked for Time magazine and the Washington Star, where she covered news and sports and wrote feature articles. Dowd joined The New York Times in 1983 as a Metropolitan Reporter, and became an op-ed writer for the newspaper in 1995. In 1999, Dowd was awarded a Pulitzer Prize for her series of columns on the Monica Lewinsky scandal in the Clinton administration.Michiko Kakutani
Michiko Kakutani (born January 9, 1955) is an American literary critic and former chief book critic for The New York Times. Her awards include a Pulitzer Prize for Criticism.Musa I of Mali
Musa I (c. 1280 – c. 1337) or Mansa Musa was the tenth Mansa, which translates to "sultan", "conqueror", or "emperor", of the wealthy West African Islamic Mali Empire. At the time of Musa's rise to the throne, the Malian Empire consisted of territory formerly belonging to the Ghana Empire in present-day southern Mauritania and in Melle (Mali) and the immediate surrounding areas. Musa held many titles, including "Emir of Melle", "Lord of the Mines of Wangara", "Conqueror of Ghanata", and at least a dozen others. Mansa Musa conquered 24 cities, each with surrounding districts containing villages and estates. During his reign, Mali may have been the largest producer of gold in the world; it was at a point of exceptional demand for the commodity. One of the richest people in history, he is known to have been enormously wealthy; reported as being inconceivably rich by contemporaries, Time magazine reported: "There's really no way to put an accurate number on his wealth." In March 2019 the BBC described him as "the richest man of all time".Richard Corliss
Richard Nelson Corliss (March 6, 1944 – April 23, 2015) was an American film critic and magazine editor for Time. He focused on movies, with occasional articles on other subjects.He was the former editor-in-chief of Film Comment and authored several books including Talking Pictures, which, along with other publications, drew early attention to the screenwriter, as opposed to the director.Richard Schickel
Richard Warren Schickel (February 10, 1933 – February 18, 2017) was an American film historian, journalist, author, documentarian, and film and literary critic. He was a film critic for Time magazine from 1965–2010, and also wrote for Life magazine and the Los Angeles Times Book Review. His last writings about film were for Truthdig.
He was interviewed in For the Love of Movies: The Story of American Film Criticism (2009). In this documentary film he discusses early film critics Frank E. Woods, Robert E. Sherwood, and Otis Ferguson, and tells of how, in the 1960s, he, Pauline Kael, and Andrew Sarris, rejected the moralizing opposition of the older Bosley Crowther of The New York Times who had railed against violent movies such as Bonnie and Clyde (1967). In addition to film, Schickel also critiqued and documented cartoons, particularly Peanuts.Robert Hughes (critic)
Robert Studley Forrest Hughes AO (28 July 1938 – 6 August 2012) was an Australian-born art critic, writer, and producer of television documentaries. His best seller The Fatal Shore (1986) is a study of the British penal colonies and early history of Australia. He was described in 1997 by Robert Boynton of The New York Times as "the most famous art critic in the world."Hughes earned widespread recognition for his book and television series on modern art, The Shock of the New, and for his longstanding position as art critic with TIME magazine. Known for his contentious critiques of art and artists, Hughes was generally conservative in his tastes, although he did not belong to a particular philosophical camp. His writing was noted for its power and elegance.The New York Times Magazine
The New York Times Magazine is a Sunday magazine supplement included with the Sunday edition of The New York Times. It is host to feature articles longer than those typically in the newspaper and has attracted many notable contributors. The magazine is also noted for its photography, especially relating to fashion and style.
The magazine also includes various puzzles, which have been popular features since their introduction.Time 100
Time 100 (often stylized as TIME 100) is an annual list of the 100 most influential people in the world assembled by the American news magazine Time. First published in 1999 as the result of a debate among American academics, politicians, and journalists, the list is now a highly publicized annual event. Although appearing on the list is often seen as an honor, Time makes it clear that entrants are recognized for changing the world, regardless of the consequences of their actions. The final list of influential individuals is exclusively chosen by Time editors with nominations coming from the TIME 100 alumni and the magazine's international writing staff. Only the winner of the Reader's Poll, conducted days before the official list is revealed, is chosen by the general public.Barack Obama has appeared on the list 11 times, the most of any person.Time Person of the Year
Person of the Year (called Man of the Year or Woman of the Year until 1999) is an annual issue of the United States news magazine Time that features and profiles a person, a group, an idea, or an object that "for better or for worse... has done the most to influence the events of the year".Wightman Cup
The Wightman Cup was an annual team tennis competition for women contested from 1923 through 1989 (except during World War II) between teams from the United States and Great Britain.You (Time Person of the Year)
"You" were chosen in 2006 as Time magazine's Person of the Year. The magazine set out to recognize the millions of people who anonymously contribute user-generated content to wikis and other websites such as Wikipedia, YouTube, MySpace, Facebook, and the multitudes of other websites featuring user contribution.While the status had been given before to inanimate objects, with the personal computer being the "Machine of the Year" for 1982, as well as collections of people or an abstract representative of a movement, the choice of "You" attracted criticism from commentators in publications such as The Atlantic for being too much of a pop culture gimmick. A New York Daily News article named the 2006 award as one of the ten most controversial "Person of the Year" moments in the history of Time. However, the news-magazine experienced generally successful sales.