Time Inc Plans Major Shake-Up to Fight ‘Digital Attackers’

Wall Street Journal:Time Inc. is said to be planning a reorganization to generate more revenue from videos, live events and deeper collaborations with advertisers and to broaden distribution of its content including on social media platforms. Staff layoffs could be ahead. Meanwhile, among the executive ranks, the big winner is expected to be Rich Battista, a veteran entertainment and media figure who last year joined as EVP.