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Co-founder of Salesforce buys Time magazine for $190 million

3 Comments
By MARTIN CRUTSINGER

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3 Comments
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Good.

Meredith was a terrible fit for Time Magazine. Of course, Time Life had pretty much let it run into the ground and spent no money or reporters or reporting.  The magazine was mostly features and precious little in the way of news or analysis.

One hopes that Benioff will invest in Time Magazine like Bloomberg did in Business Week, and make the publication worth reading again.

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worth reading again.

Maybe it will be worth reading, but the problem is that people now are used to getting their news for free.

So, will it be worth buying?

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A maasive miscalculation on the part of Mr. Benioff. Similar to my decision to open a manufacturing plant to make slide rules.

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