transformation globally.”

During the past couple of months, Time Inc. The digitally

fueled growth of the media industry internationally makes this an ideal

and exciting time to extend the Time Inc. (NYSE:TIME) is one of the world’s leading media companies,

with a monthly global print audience of over 120 million and worldwide

digital properties that attract more than 150 million visitors each

month, including over 60 websites. During his tenure, he

expanded the operation to significant scale, taking it from two

broadcasting networks in the region to 36 channels and 13 digital

services in 11 languages by the time of his departure. to

help drive the diversification and expansion of our best-in-class

brands, content and media properties around the world. Our influential brands include

People, Sports Illustrated, InStyle, Time, Real Simple, Southern Living,

Entertainment Weekly, Travel + Leisure, Cooking Light, Fortune and Food

& Wine, as well as more than 50 diverse titles in the United Kingdom

such as Decanter, Horse & Hound and Wallpaper*. UK acquired

UK Cycling Events (UKCE), a leading UK provider of premium cycling

events, and made a strategic investment in Snap Fashion, a visual search

business specializing in fashion.

“Since Time Inc. is home to

celebrated franchises and events, including the Fortune 500, Time 100,

People’s Sexiest Man Alive, Sports Illustrated’s Sportsman of the Year,

the Food & Wine Classic in Aspen, the Essence Festival and the biennial

Fortune Global Forum. Effective

immediately, Marcopoto is charged with expanding Time Inc.’s business

portfolio in international markets through digital, video and TV

platforms, partnerships, acquisitions, licensing and commerce.

Marcopoto was previously president and managing director of Turner

Broadcasting Asia-Pacific, where he oversaw all programming, original

production, business and network development, advertising and

distribution sales, marketing and promotion. Chairman and CEO Joe Ripp today appointed Steve Marcopoto to

the newly created position of President, Time Inc. Time Inc. Asia; Publisher, Time Asia; and Managing Director, Fortune Asia.

About Time Inc.

. It recently announced

the international expansion of the highly acclaimed Essence Festival

franchise, launching a three-year partnership with eThekwini

Municipality to host the Essence Festival in Durban, South Africa. International,

formalizing his role during the past year as a consultant. Time

Inc.

Steve’s expertise and success in growing international operations make

him an excellent choice to lead us as we aim to extend our capabilities

on a global scale,” said Ripp.

Time Inc. became a public company 18 months ago, we have focused

on transforming our business and positioning our company for growth. also announced the launch of a US bespoke edition of Wallpaper*,

the world’s most important design and style brand. Hundreds of thousands of people attend our events

every year. We

also provide content marketing, targeted local print and digital

advertising programs, branded book publishing and marketing and support

services, including subscription sales services for magazines and other

products, retail distribution and marketing services and customer

service and fulfillment services, for ourselves and third-party clients,

including other magazine publishers.

NEW YORK–(BUSINESS WIRE)–Time Inc. Prior to that,

Marcopoto held various positions at Time Inc., including President, Time

Inc. has been extending the scope

and adjacent activities of its brands globally. We have been extending the power of our brands through

various investments and acquisitions, including the formation of Sports

Illustrated Play, a new company devoted to youth and amateur sports, and

the acquisition of inVNT, a company that specializes in live media.

Marcopoto commented: “I am delighted to be returning to Time Inc. Time Inc