No. of Recommendations: 3
(another installment in my series on the death of dead tree periodicals)

Time Warner Inc., the media business that spans television, film and print, is considering the sale of most of its magazines to Meredith Corp., the publisher of Better Homes and Gardens, a person familiar with the talks said.

Under the terms being discussed, Meredith would acquire all but three of Time Warner’s 21 U.S. magazine titles, according to the person, who asked not to be named because the discussions are private. Time, Sports Illustrated and Fortune would remain with Time Warner, the person said. Meredith is more interested in titles such as People, Real Simple and InStyle that fit with its magazines aimed at women, according to the person.

http://www.bloomberg.com/news/2013-02-13/time-warner-is-in-t...
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