time inc.

Black-Owned Company Acquired Essence Magazine From Time Inc.

| January 4, 2018
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Essence Ventures, an independent Black-owned company, acquired Essence Communications on Wednesday from Time Inc., making the iconic brand 100 percent Black owned and led by a Black female executive team with an ownership stake. “We are excited to be able to return this culturally relevant and historically significant platform to ownership by the people and […]

Time Inc. Acquires MySpace Through Purchase Of Viant

| February 11, 2016
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Today, Time Inc. made an announcement that it has acquired ad tech firm Viant, owner of Myspace. This deal, according to Viant’s top executives, creates a quality ad environment that rivals Facebook’s and Google’s. Visit streaming.thesource.com for more information The Irvine, California-based Viant, which changed its name from Interactive Media Holdings a year ago, owns the […]

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