Time Inc. Reports $4 Million Revenue Dip as It Reorganizes, Cuts Staff

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Time Inc. reports growing pains with its second quarter financials for the year. Total revenue only dropped $4 million, while digital advertising revenue soared and print advertising, subscription and newsstand revenues dropped. The Q2 financials come just weeks after Time Inc. announced a major realignment within the company which will include the loss of more than 100 jobs. Are these changes too little too late, or can Time Inc. still turn the ship around?

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