WWD: Time Inc. CEO Joe Ripp said during an interview last week that his company is looking to make investments in live entertainment businesses. “We are looking at experiential companies right now — live media. We will be closing on some of those deals very shortly. We are looking at other acquisitions of other publishing-like companies.” When asked if he would consider traditional publishers, he said, “There are the large publishers out there that I’d certainly be interested in. Normally when a business area is in a downturn, you see consolidation.” If Conde Nast came to market, would Time Inc. be interested? “Absolutely,” he replied.