“This strategic alliance brings a model new, revolutionary strategy to media brand development,” Meredith chairman and chief government Tom Harty mentioned in a statement. “This is a good demonstration of the value that strong manufacturers ship when expanded beyond the media space,” Harty added, suggesting there might be more “value-enhancing programs” within the media conglomerate’s future. During the years I labored at Travel + Leisure, ownership changed hands twice. Time Inc. purchased the brand from American Express Publishing in 2013, and Meredith Corp. acquired Time in 2018.
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