Friday, November 28, 2008

Time Inc. consolidation means it will now largely serve Europe from New York

Time Inc. says it will continue to have a European editorial presence, based in London, but for all practical purposes, the company's consolidation means than the magazine will be produced in New York. (Michael Elliott, the editor of Time International, has been based in New York since 2006.) This follows the announcement of 600 redundancies, according to a report in PaidContent.org, based in part on reporting by Keith Kelly of the New York Post.

Time told staff last week it was cutting 20 jobs, or two-thirds of its London-based Time Europe team.It will also shut down its Sydney, Australia editorial bureau (though keeping 30-person ad sales team) and do away with a separate edition for the South Pacific region, though serving that readership with the Asia Pacific edition.

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