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Time Magazine taken over by Salesforce billionaires

Salesforce billionaires Marc Benioff and his wife Lynne have bought Time magazine from Meredith Corp. for US $ 190 million.

We are honored to be the caretakers of one of the world's foremost media companies and iconic brands. Time has always been a familiar reflection of the state of the world and reminds us that business is one of the biggest platforms for change.

This is a personal purchase and not a Salesforce acquisition. except Time, Fortune and Sports Illustrated are also sold because "they have a different audience and advertisers than most other magazines."

: Time Magazine taken over by Salesforce billionaires

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