February 23, 1991
Louis A. (Chip) Weil III has resigned as U.S. publisher of Time magazine and will leave the publishing firm to pursue other interests, Time Inc. Magazine Co., New York, said Friday. Robert L. Miller, 41, will assume Weil's responsibilities in addition to his current duties as Time's executive vice president, group president and worldwide publisher of Time, the company said. Miller served as worldwide and U.S. publisher of Time before Weil's joining the newsweekly in May, 1989.
April 21, 1989
The publisher and chief executive of the Detroit News, Louis A. Weil III, has been selected as the publisher of the U.S. edition of Time magazine. The selection of the veteran newspaper executive to become the 12th publisher in the 66-year history of Time magazine was part of a broader realignment of senior management within the Time Inc. Magazine Co. Under the realignment, Time publisher Robert L. Miller becomes worldwide publisher in charge of overseeing the U.S. edition of Time magazine as well as Time International, People and Sports Illustrated.
November 22, 1985 |
Time Inc. said Thursday that it is restructuring its magazine group to help manage its costs "in the most effective way." The fast-growing group, which publishes 11 magazines with total circulation of more than 19 million, has seen its profits triple and revenue double in the past five years, the New York-based publishing conglomerate said.