TIME for a Change
On Sunday, Meredith Corporation announced its purchase of TIME Inc., with the purchase backed by the Koch Brothers. The announcement comes as a shock given the different audiences and natures of the female-friendly Meredith Corp. publications like Better Homes & Gardens and the more progressive TIME magazines like People and Sports Illustrated.
People are speculating about the Koch Brothers and thereby the Trump Administration’s involvement in this merger, questioning whether the move is an effort to impose a conservative voice into TIME publications. Others have pointed out that the Koch Brothers explicitly stated they will have no editorial influence, and have ruled out this option of the conservative voice. Most importantly, the news reinforces the idea that many companies and mergers are now being looked at through a political lens, whether warranted or not.
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