IT’S ALL OURS — UNTIL WE DECIDE TO SELL IT: Remember all that speculation Time Warner might be looking to unload its publishing division, Time Inc.? Well, maybe it will — but not this year. Chief executive officer Ann Moore spoke to investors on Thursday, noting the business is reviving and she was optimistic about its digital future. According to reports, Time Warner honcho Jeff Bewkes also reiterated that Time Inc. is safe for the time being. Earlier this month, Time Warner posted its first-quarter earnings, which included a 5 percent increase in advertising at Time Inc. The top seven ad categories all posted upticks in spending, and in the style and entertainment group (which includes People and InStyle), advertising was up in the double digits.
— Amy Wicks
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