Time Inc. Preps ‘Two-Year’ Plan To Get Through Rough Economy; Newsweek Tries To ‘Reimagine’ Itself

imageWith Time Inc.’s print ad revenues trending downward and digital growth likely to miss the company’s expected 53 percent gains, chairman and CEO Ann Moore is working on a two-year plan designed to manage the magazine unit through the downturn, TimesOnline reports. Moore doesn’t reveal too many details about the strategy, saying she “doesn’t know” if there will be layoffs.

Blame the bankers: Moore does try to bat away rumors about a possible sale of the UK-based IPC division, which houses titles such as NME, Country Life, InStyle and its Southern lifestyle titles, Moore responds: