TIME
TIME is an American newsmagazine and media brand founded by Henry Luce and Briton Hadden, which published its first issue on March 3, 1923; it is headquartered in New York and known for its Person of the Year selection and the TIME100 list. Since 2018 it has been personally owned by Marc and Lynne Benioff; its current Chief Executive Officer is Jessica Sibley, and its Editor-in-Chief is Sam Jacobs.
Contents18 sections
Key facts
March 3, 1923First Issue
Briton Hadden and Henry Luce met at Yale UniversityYale UniversityYale University is a research university in New Haven, Connecticut. Its predecessor, the Collegiate School, received a charter in 1701. Trustees chose New Haven in 1716; the institution became Yale College in 1718 and Yale University in 1887. Yale provides undergraduate, graduate and professional education and has 14 undergraduate residential colleges. As of October 2026, its president was Maurie McInnis, who took office in July 2024. In 2026, Yale expanded aid for incoming undergraduates and celebrated its 325th anniversary.Open the full entry and shared a vision of a newsmagazine that would concisely inform busy readers about current events. On March 3, 1923, Time published its first issue in New York, becoming the first weekly news magazine in the United States.[1][2]
1927The First Man of the Year
In 1927, TIME named its first Man of the Year; the first honoree was Charles Lindbergh, the aviator who had flown solo across the Atlantic.[3]
1989Becoming Part of Time Warner
In 1989, the publisher Time Inc. merged with Warner Communications, and TIME became a publication of Time Warner. From 2000 it belonged to AOL Time Warner, which reverted to the name Time Warner in 2003.[2]
1999Launch of the TIME 100 and Renaming to Person of the Year
June 6, 2014Spin-Off of Time Inc.
On June 6, 2014, Time Warner completed the spin-off of Time Inc., and TIME, together with Time Inc., became a publication of an independent public company.[6]
January 31, 2018Meredith Acquires Time Inc.
On January 31, 2018, Meredith Corporation completed its acquisition of Time Inc.; Time Inc. shareholders received $18.50 per share in cash, in a transaction valued at $2.8 billion.[7]
September 16, 2018The Benioffs Acquire TIME
On September 16, 2018, Meredith announced that it would sell the TIME media brand to Marc and Lynne Benioff for $190 million in cash. The Benioffs were purchasing TIME personally, and the transaction was unrelated to Salesforce, the company Marc Benioff founded. The transaction closed on November 1, 2018.[8][9][10]
2020Formation of TIME Studios
In early 2020, TIME formed TIME Studios, its film and television production division. As of November 2021, it had generated more than $70 million in cumulative revenue, including approximately $50 million in 2021.[11]
March 2021Auction of Cover NFTs
In March 2021, TIME auctioned three covers as non-fungible tokens (NFTs), including the first cover designed exclusively as an NFT.[12]
April 2021Accepting Cryptocurrency Payments and Holding Bitcoin
September 2021Launch of TIMEPieces
November 18, 2021Partnership with Galaxy Digital
On November 18, 2021, TIME announced a partnership with Galaxy DigitalGalaxy DigitalGalaxy Digital (Galaxy Digital Inc., Nasdaq and Toronto Stock Exchange: GLXY) is a New York-based digital asset financial services and data center infrastructure company founded by Mike Novogratz, which says it was founded in 2018. It provides institutional clients with digital asset trading, lending, investment banking, asset management, staking, and custody technology services, and is building data centers in Texas for artificial intelligence and high-performance computing.Open the full entry to produce metaverse-related content, with the partnership fees paid entirely in ether, which TIME holds on its balance sheet.[15]
November 7, 2022Jessica Sibley Becomes Chief Executive Officer
April 24, 2023Sam Jacobs Becomes Editor-in-Chief
On April 24, 2023, TIME named Sam Jacobs Editor-in-Chief, succeeding Edward Felsenthal, who had stepped down in March of that year. Jacobs, then 37, is the 19th top editor in TIME’s history and the youngest editor to lead TIME since Henry Luce.[17]
November 10, 2025Launch of the TIME AI Agent
September 30, 2026Release of the TIME100 Next List
On September 30, 2026, TIME released its 2026 TIME100 Next list of emerging influential people; the list was launched in 2019. At that time, Jessica Sibley was still Chief Executive Officer and Sam Jacobs was still Editor-in-Chief.[19]
Related Organizations, Websites, and Public Accounts
TIME: Official website: https://time.com/ (opens in a new window).[20]
X: Official account: https://x.com/TIME (opens in a new window)[20]
LinkedInLinkedInLinkedIn is a social networking platform for professionals. It was founded in 2002 by Reid Hoffman and others, launched in 2003, and listed on the New York Stock Exchange in 2011; after Microsoft acquired it for approximately $26.2 billion in 2016, it became a wholly owned Microsoft subsidiary. Its revenue comes from membership subscriptions, advertising, and recruitment solutions.Open the full entry: Official account: https://www.linkedin.com/company/time/ (opens in a new window)[21]
YouTubeYouTubeYouTube is Google’s video-sharing and creator platform, founded in 2005 by Steve Chen, Chad Hurley, and Jawed Karim and acquired by Google in 2006. Built around video uploading, viewing, and creator earnings, the platform has developed Shorts, YouTube Music, Premium, YouTube TV, and products for children, and is headquartered in San Bruno, California, United States.Open the full entry: Official channel: https://www.youtube.com/@TIME (opens in a new window)[22]
Sources
- Briton Hadden | American publisher | Britannica (opens in a new window)
- Time (magazine) - Wikipedia (opens in a new window)
- TIME Has Been Picking a Person of the Year Since 1927. Here's How It All Started (opens in a new window)
- Time Person of the Year - Wikipedia (opens in a new window)
- Time 100 - Wikipedia (opens in a new window)
- Time Inc. Separation | AT&T (opens in a new window)
- Meredith Corporation Announces Completion Of Time Inc. Acquisition And Reports Fiscal 2018 Second Quarter And First Half Results (opens in a new window)
- Meredith Corporation To Sell TIME Media Brand To Marc And Lynne Benioff (opens in a new window)
- Marc And Lynne Benioff to Buy TIME for $190 Million (opens in a new window)
- Meredith Finalizes Sale Of TIME Media Brand To Marc And Lynne Benioff (opens in a new window)
- TIME Studios Surpasses $70 Million in Revenue (opens in a new window)
- TIME and Galaxy Digital Partner to Demystify the Metaverse (opens in a new window)
- Time Magazine To Hold Bitcoin On Balance Sheet In Partnership With Grayscale (opens in a new window)
- Time has earned more than $10M in profit, one year after embracing the blockchain (opens in a new window)
- TIME Magazine to Hold ETH on Balance Sheet as Part of Galaxy Digital Metaverse Deal (opens in a new window)
- TIME Names Jessica Sibley as Chief Executive Officer (opens in a new window)
- TIME Appoints Sam Jacobs as Editor-in-Chief (opens in a new window)
- The Story Behind the TIME AI Agent (opens in a new window)
- TIME Reveals the 2026 TIME100 Next List of the Leaders Shaping the Future (opens in a new window)
- TIME (@TIME) / X (opens in a new window)
- TIME | LinkedIn (opens in a new window)
- TIME - YouTube (opens in a new window)