$2.8 billion @MeredithCorp buys @TIME

Meredith Corp. to acquire Time Inc. for $2.8 billion – LA Times.

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.

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Putting this up here so I can search for it later. If you go to readymade.com it goes to Better Homes & Gardens – http://ift.tt/1fXZBpf. The archives of the magazine are now gone. Meredith currently owns (according to Wikipedia):

• Ageless Iron
• Allrecipes
• American Baby
• American Patchwork & Quilting
• Better Homes and Gardens
• Country Life
• Diabetic Living
• Do-It-Yourself
• Eat This, Not That
• EatingWell
• Every Day with Rachael Ray
• Family Circle
• FamilyFun
• Living the Country Life
• Midwest Living
• mywedding
• Parents (and its Spanish language counterpart, Ser Padres)
• Shape
• Siempre Mujer
  Successful Farming
• Traditional Home
• Wood

Back in the day, Fallon did a bunch of great ads for TIME.

Previous
MEREDITH SHUTTERS DIY DARLING READYMADE MAGAZINE, ELIMINATES 75 JOBS COMPANYWIDE – 2011.
‘READYMADE’ SNAPPED UP BY MEREDITH – 2006.
Readymade videos still kicking around on vimeo.