Marc Benioff in talks to sell Time magazine to Greek media giant Antenna Group: report

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Marc Benioff in talks to sell Time magazine to Greek media giant Antenna Group: report
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Today's Business Headlines: 11/01/24

Billionaire tech mogul Marc Benioff is reportedly in talks to sell Time magazine to a Greek media conglomerate.4Time magazine owner calls out Kamala Harris for turning down multiple interview requestsexpressed frustration that Vice President Kamala Harris

“Despite multiple requests, TIME has not been granted an interview with Kamala Harris — unlike every other Presidential candidate,” tweeted Benioff.Antenna has been eager to break into the American media market. In 2022, it nearly acquired Vice Media before the company filed for bankruptcy. At its peak between the 1970s and 1990s, Time’s circulation exceeded 4 million copies nationwide — beating out competitors such as Newsweek and US News & World Report.Started by Yale University graduates Henry Luce and Briton Hadden, Time first went on sale in March 1923.Time posted two straight years of annual losses and its revenue declined since it split off from Time Warner in 2014.

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