Time Inc. CEO Focused on New Paid Membership Program

Time Inc. CEO Focused on New Paid Membership Program

Assessment

Interactive Video

Business

University

Hard

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The video discusses Time Inc.'s transformation under a new management team, focusing on diversifying revenue streams beyond traditional publishing. The company aims to leverage its extensive consumer data to create new products, such as a membership program for pet owners. Despite challenges faced by traditional media companies in going digital, examples like the Washington Post and Apple are cited as successful transformations, suggesting potential for Time Inc.'s future growth.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

Can you provide an example of a new product that Time Inc. is launching, and what market does it target?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What lessons can Time Inc. learn from other companies that have successfully transformed their business models?

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