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Report: Time Warner in Talks to Sell Magazine Unit | Wednesday, February 13, 2013 4:14 PM | Lauren Indvik |
| Time Warner may be in talks to sell off Time Inc. as revenues at the publishing unit's advertising and circulation revenues continue to decline. Citing three unnamed sources, Fortune (which is owned by Time Inc.), reports that a "serious buyer" is in talks to acquire the division, which is the nation's largest magazine publisher and accounts for a little more than 11% of Time Inc.'s $28.7 billion in annual sales.
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Report: Apple Planning TV-Related Media Event in March | Wednesday, February 13, 2013 1:41 PM | Lauren Indvik |
| Apple is planning to hold a media event next month to introduce new developer tools for the next-generation Apple TV device the company is rumored to be releasing this fall, according to a note analysts from Jefferies Equity Research issued to clients on Wednesday.
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AOL Acquires Tech Product Review Site Gdgt | Wednesday, February 13, 2013 9:43 AM | Seth Fiegerman |
| AOL has acquired gdgt, a popular tech blog that focuses on product reviews, for an undisclosed sum in a move that could expand the network's content offerings and shopping data.
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