http://nymag.com/daily/intelligencer/2018/04/after-meredith-purchase-time-inc-still-needs-a-new-suitor.html
Time magazine is up for sale, along with its fellow former titles in the Time, Inc. family like Sports Illustrated, Fortune, and Money. In November the magazines were bought for $2.8 billion by the magazine conglomerate Meredith, which then promptly announced that they were on the block. Would-be media moguls the world over have been lining up to kick the tires on some of the most storied names in American journalism. And so even in a media landscape in which chaos has long been the norm, the past few months have been a whirlwind for reporters, editors, and business staff at a group of magazines that defined a sort of middlebrow American sensibility for much of the past century.
“There is just a lot of anxiety right now,” said one newsroom staffer, one of more than a half-dozen interviewed for this story. “People don’t know who is going to be signing their paychecks in 90 days or even if they will have jobs. We are all just kind of waiting for the other shoe to drop.”