Maritime Nigeria

Main Menu

  • Home
  • News
  • Interviews
  • Maritime Info
  • Photo Gallery
  • Fact
  • Profiles

logo

Header Banner

Maritime Nigeria

  • Home
  • News
    • Maritime Academy: A Very Critical National Asset-Dr. Okonna

      Jul 31, 2025
      0
    • "Efficient Sea Ports Crucial To Africa's Economic Growth"-Dr. Dantsoho

      Jul 30, 2025
      0
    • Nigeria's IMO Council Bid Gains Traction With MOWCA Executives

      Jul 30, 2025
      0
    • Customs Urge Nigerians To Comply With Visa Regulations

      Jul 30, 2025
      0
    • "MAN A Pivotal Institution For The Blue Economy" Senator Eshinlokun

      Jul 29, 2025
      0
    • Nigeria Customs Set To Recover ₦379.5Billion From 223 Companies

      Jul 25, 2025
      0
    • Seme Command Records N1.5b Revenue, Makes N1.2b Seizures

      Jul 24, 2025
      0
    • SON Celebrate Inuwa As Board Chairman

      Jul 21, 2025
      0
    • "How JournalNG Emerged Best Maritime Magazine"-Kagbare

      Jul 21, 2025
      0
  • Interviews
    • Nigeria Takes Leadership Of MOWCA

      Nov 18, 2021
      0
    • APM Participates in UK Trade Expo

      Oct 31, 2021
      0
    • Reps Seek Admission at MAN

      Dec 7, 2020
      0
    • NIMASA URGE SHIP OWNERS TO RENEW CABOTAGE LICENSES

      Oct 5, 2020
      0
    • FG Sacks Aboloma As NAIC Gets New EDs

      Aug 28, 2020
      0
    • Britain Celebrate Nigerian In Covid Efforts

      Jul 26, 2020
      0
    • Zuckerberg Backs Trump Against Twitter

      May 28, 2020
      0
    • NAFDAC DG Sheds Light On Chloroquine, Herbals, Masks and Covid19

      May 12, 2020
      0
    • Reps Threaten MDAs

      Feb 24, 2020
      0
  • Maritime Info
    • 2023 POP: Minister Task Cadets On Blue Economy

      Dec 15, 2023
      0
    • Rector, Trainees Excited, Laud FG On Modern Academy

      Jan 26, 2023
      0
    • Buhari Redeploys Minister As NPA, NIMASA, MAN, Others Get New Boards

      Apr 7, 2022
      0
    • World Bank Endorse Nigerian Ports, Partners Navy On Capacity Building

      Mar 19, 2022
      0
    • NIMASA Commend Nigerian Navy, Reassures On Floating Dock

      Feb 9, 2022
      0
    • MAN Unveils Lighthouse For Training of Cadets

      Jan 27, 2022
      0
    • shipping

      Singapore Strait Dangerous To Shipping-ReCAAP

      Jan 24, 2022
      0
    • Lekki Deep Sea Port Will Increase Port Efficiency-Amaechi

      Jan 24, 2022
      0
    • Fair Competition: NSC Partners FCCPC For Effectiveness

      Jan 21, 2022
      0
  • Photo Gallery
    • SERAP Calls for Probe of Entire Privatization Processes 1999-2011

      Dec 4, 2017
      0
    • IMO Election: South Africa, Kenya, Liberia, Morroco and Egypt Make Category C

      Dec 2, 2017
      0
    • Maersk Ship on Fire as Coy Launches Six Container Lifting Tech

      Nov 2, 2016
      0
    • Captured Seafarers Languish In Captivity without Ransom

      Nov 1, 2016
      0
    • Niger Delta: Militants Ask FG to Include Former Agitators in Negotiations

      Nov 1, 2016
      0
    • Self-Audit: NIMASA Set to Review 3% Freight Charge

      Nov 1, 2016
      0
    • Recession: Japanese Shipping Companies to Merge

      Oct 31, 2016
      0
    • NSC Partners ICS on Capacity Building

      Oct 31, 2016
      0
    • AGAIN, APAPA CUSTOMS SURPASS MONTHLY TARGET WITH N33B COLLECTION

      Oct 5, 2016
      0
  • Fact
    • Maritime Police Boss Celebrate Workers

      May 1, 2025
      0
    • “VIN Is A Trade Tool, Not Punitive”-Customs

      Mar 2, 2022
      0
    • Blackmailers, False Publishers and Their Agents: Court Clears Rector

      Feb 18, 2022
      0
    • MAN Unveils Lighthouse For Training of Cadets

      Jan 27, 2022
      0
    • "APM Terminals Is Beyond Moving Boxes Around"-Laursen

      Jan 24, 2022
      0
    • MWUN: Welfare, Safety Our Priority-Adeyanju

      Dec 27, 2021
      0
    • Reversing the Trend: Koko Breaks Record at NPA

      Dec 24, 2021
      0
    • Minister Demands More From MAN At Passing Out Parade

      Dec 20, 2021
      0
    • MARITIME NIGERIA TASK NIMASA ON MARITIME DEVELOPMENT

      Dec 15, 2021
      0
  • Profiles
    • CMA CGM Brings AI Onboard

      Jun 5, 2018
      0
    • Customs Notify 577 Officers of Retirement by Eguono Odjegba

      Jan 12, 2018
      0
    • Over 100 Persons Feared Dead in Mediterranean Ship Wreck

      Nov 3, 2016
      0
    • Ballast Water: Panama Signs Up

      Oct 24, 2016
      0
    • Ist Half Report: Customs generate N385.7bn revenue

      Aug 15, 2016
      0
    • Minister/MD Speeches at the Launch of NPA's CCCIS

      Jul 23, 2016
      0
    • Face off Imminent as Dakuku Warn IOCs to Sit Up or Stay ...

      Jul 22, 2016
      0
    • Hadiza, Welcome to NPA

      Jul 16, 2016
      0
    • Habib Abdullahi Sacked Again from NPA

      Jul 12, 2016
      0
  • Maritime Academy: A Very Critical National Asset-Dr. Okonna

  • “Efficient Sea Ports Crucial To Africa’s Economic Growth”-Dr. Dantsoho

  • Nigeria’s IMO Council Bid Gains Traction With MOWCA Executives

  • Customs Urge Nigerians To Comply With Visa Regulations

  • “MAN A Pivotal Institution For The Blue Economy” Senator Eshinlokun

News
Home›News›TIME Sold for $190m

TIME Sold for $190m

By Editor
Sep 18, 2018
1234
0
Share:

Decline in Advert and Shrink in Circulation

 

US media giant,  Meredith Corporation,  has agreed to sell Time Magazine for $190 million, according to a report in The Wall Street Journal.

Marc Benioff, co-founder of the cloud computing company Salesforce.com, and his wife Lynn Benioff are purchasing the publication, they confirmed to the Journal. The proposed sale to the Benioffs is expected to close within 30 days and will be unrelated to Salesforce.com.

They also told the newspaper that they won’t have any day-to-day influence over the magazine’s operations, nor will they have any journalistic input.

“We’re investing in a company with tremendous impact on the world, one that is also an incredibly strong business. That’s what we’re looking for when we invest as a family,” Marc Benioff told the newspaper.

He added that Time is the only magazine they are planning to purchase from Meredith.

The couple will be taking over Time amid a turbulent time for print publications.

Print advertising is on the decline and Time cut circulation down from 3 million to 2.3 million earlier this year, according to the Alliance for Audited Media.

However, the Benioffs said they’re hopeful given Time’s large audience and expanded online presence.

Time.com has 31.7 million multi-platform, unique visitors in July 2018, a hike from the 27.4 million who visited its platforms during the same period in 2015, according to media measurement firm comScore Inc.

“The power of Time is its unique story telling of the people and issues that affect us all and connect us all,”  Lynn Benioff said.

The deal comes roughly eight months after Meredith Corp., a publisher with ties to GOP mega-donor Charles Koch, purchased Time Inc. for $1.8 billion.

Share this:

  • Click to share on Twitter (Opens in new window)
  • Click to share on Facebook (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • More
  • Click to share on WhatsApp (Opens in new window)
  • Click to share on Telegram (Opens in new window)

Related

Previous Article

African Ports Must be Connected-Abubakar

Next Article

FG APPROVE USE OF NIN FROM JANUARY ...

0
Shares
  • 0
  • +
  • 0
  • 0
  • 0
  • 0

Related articles More from author

  • FeaturedMaritime InfoNews

    CREW CHANGE WORRIES IMO

    Jun 13, 2020
    By Editor
  • News

    Nigeria Advances In Ship Building and Repairs

    Aug 9, 2023
    By Editor
  • News

    NSML Rebrands, Set to Offer High Tech Shipping and Terminal Services

    Aug 28, 2023
    By Editor
  • FeaturedNews

    CUSTOMS: Ali Commends Officers but….By Judith Nwaode

    Jan 3, 2017
    By Editor
  • nigeria
    FactFeaturedNews

    AMBASSADORS DESIGNATE: WHO GOES WHERE?

    Jan 13, 2021
    By Editor
  • News

    ECONOMIC REFORMS: MATAWALLE BACKS TINUBU

    Dec 12, 2024
    By Editor

Leave a Reply Cancel reply

  • Maritime Info

    Edike Bags Ultimate Integrity Award

  • News

    CHIEF OF NAVAL STAFF VISITS NIMASA FOR ENHANCED SAFETY

  • FactFeaturedNews

    Trade Facilitation: FG to Sack More Agencies From the Ports

Looking For Something?

Read From

  • Agriculture
  • Customs Operations
  • Fact
  • Featured
  • Interviews
  • Maritime Info
  • News
  • One Question
  • Photo Gallery
  • Profiles
  • sports

Just In

News

Maritime Academy: A Very Critical National Asset-Dr. Okonna

As MAN Trains 4, 595 Professionals, Restores Connection to National Grid, Begins Rewiring The Acting Rector, Maritime Academy of Nigeria, MAN, Oron, Dr. Kevin Okonna, has again emphasized the critical ...
  • “Efficient Sea Ports Crucial To Africa’s Economic Growth”-Dr. Dantsoho

    By Editor
    Jul 30, 2025
  • Nigeria’s IMO Council Bid Gains Traction With MOWCA Executives

    By Editor
    Jul 30, 2025
  • Customs Urge Nigerians To Comply With Visa Regulations

    By Editor
    Jul 30, 2025
  • “MAN A Pivotal Institution For The Blue Economy” Senator Eshinlokun

    By Editor
    Jul 29, 2025
  • Home
  • About Us
  • Contact Us
© 2013 Maritime Nigeria | All Rights Reserved