WWD: What kinds of acquisitions is Time Inc. looking to make? “We are looking at experiential companies right now — live media,” said Time Inc. CEO Joe Ripp. “We are looking at acquisitions in other publishing-like companies. 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. I suspect there’s less of an opportunity in the magazine business because of private ownership — Hearst, Conde Nast, others, even Meredith, in essence are privately controlled. There’s probably less of an opportunity for consolidation in this industry unless those owners decide to do something.”