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| December 12, 2017

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Time Inc. sells Sunset Magazine to Beverly Hills private equity firm Regent

December 1, 2017 |

Sunset magazine, the more than century-old publication that promoted a refined vision of the California lifestyle, has been sold to a Beverly Hills private equity firm.

Time Inc. announced the deal Thursday with Regent, which is led by Michael Reinstein, a native Californian.

“I grew up with this…


L.A. Times – Business

What’s behind the Time Inc. takeover?

November 28, 2017 |

Time Inc. decided that if its famous magazine titles such as Time, People and Sports Illustrated were going to survive the wrenching shift from print publishing to digital viewership, the company couldn’t do it alone.

And so Time agreed to be acquired by another magazine publisher, Meredith Corp.,…


L.A. Times – Business

Meredith Corp. to acquire Time Inc. for $2.8 billion

November 27, 2017 |

Magazine publisher and broadcast company Meredith Corp. said Sunday afternoon it will acquire Time Inc. in a deal valued at $ 2.8 billion, a further sign of the steep challenges facing the print magazine industry.

The Des Moines, Iowa-based company said in a statement that it has agreed to pay $ 18.50…


L.A. Times – Business

California Inc.: The roads should be clear this holiday weekend (just kidding)

November 20, 2017 |

Welcome to California Inc., the weekly newsletter of the L.A. Times Business Section.

I’m Business columnist David Lazarus, and here’s a rundown of upcoming stories this week and the highlights of last week.

Good times in the Golden State: We learned Friday that California added 31,700 net jobs


L.A. Times – Business

Meredith Has Submitted a Bid for Time Inc. of $17 to $20 a Share

November 17, 2017 |

Meredith Corp. has made a takeover bid for storied magazine publisher Time Inc. in the range of $ 17 to $ 20 a share, according to people familiar with the situation.
WSJ.com: US Business

California Inc.: Deadline looms to ask Amazon to prom — er, bid for new HQ

October 16, 2017 |

Welcome to California Inc., the weekly newsletter of the L.A. Times Business Section.

I’m Business columnist David Lazarus, and here’s a rundown of upcoming stories this week and the highlights of last week.

Investors on Monday will feel a tailwind from Friday’s announcement that consumers increased…


L.A. Times – Business

California Inc.: Apple, Qualcomm slug it out over patents

September 4, 2017 |

Welcome to California Inc., the weekly newsletter of the L.A. Times Business Section.

I’m Business columnist David Lazarus, and here’s a rundown of upcoming stories this week and the highlights of last week.

Wall Street lurches back into action Tuesday after a long holiday weekend that started on…


L.A. Times – Business

California Inc.: The state mulls creation of a pot-industry bank

August 7, 2017 |

Welcome to California Inc., the weekly newsletter of the L.A. Times Business Section.

I’m Business columnist David Lazarus, and here’s a rundown of upcoming stories this week and the highlights of last week.

The trend continues: Steady if unspectacular economic growth. On Friday, the Labor Department…


L.A. Times – Business

California Inc.: Heroes are converging on San Diego for Comic-Con

July 18, 2017 |

Welcome to California Inc., the weekly newsletter of the L.A. Times Business Section.

I’m Business columnist David Lazarus, and here’s a rundown of upcoming stories this week and the highlights of last week.

For anyone who thinks rising temperatures aren’t that big a deal, check out this Columbia…


L.A. Times – Business

California Inc.: Disney confab to offer glimpse of new ‘Star Wars’ attraction

July 10, 2017 |

Welcome to California Inc., the weekly newsletter of the L.A. Times Business Section.

I’m Business columnist David Lazarus, and here’s a rundown of upcoming stories this week and the highlights of last week.

Trading resumes Monday with a strong tail wind. We learned Friday that U.S. employers added…


L.A. Times – Business