Person of the Year awarder

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TIME.

Last seen on: LA Times Crossword 3 Sep 19, Tuesday

Random information on the term “TIME”:

Time Inc. was an American worldwide mass media corporation founded on November 28, 1922, by Henry Luce and Briton Hadden and based in New York City. It owned and published over 100 magazine brands, including its namesake Time, Sports Illustrated, Travel + Leisure, Food & Wine, Fortune, People, InStyle, Life, Golf Magazine, Southern Living, Essence, Real Simple, and Entertainment Weekly. It also had subsidiaries which it co-operated with the UK magazine house Time Inc. UK (which later sold and since has been rebranded to TI Media), whose major titles include What’s on TV, NME, Country Life, and Wallpaper. Time Inc. also co-operated over 60 websites and digital-only titles including MyRecipes, Extra Crispy, TheSnug, HelloGiggles, and MIMI.

In 1990, Time Inc. merged with Warner Communications to form the media conglomerate Time Warner (now AT&T-owned WarnerMedia). This merger lasted until the company was spun off on June 9, 2014, going public under the ticker TIME. In November 2017, competing publisher and media company Meredith Corporation announced that it would acquire Time Inc. for $2.8 billion. The acquisition was completed on January 31, 2018.

TIME on Wikipedia