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Time Inc
Time Inc.
Time Inc.
was an American worldwide mass media corporation founded on November 28, 1922 by Henry Luce
Henry Luce
and Briton Hadden
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, whose major titles include What's on TV, NME, Country Life, and Wallpaper. Time Inc.
Time Inc.
also co-operated over 60 websites and digital-only titles including MyRecipes, Extra Crispy, TheSnug, HelloGiggles, and MIMI.[5] In 1990, Time Inc.
Time Inc.
merged with Warner Communications
Warner Communications
to form the media conglomerate Time Warner
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List Of Business Entities
A business entity is an entity that is formed and administered as per corporate law in order to engage in business activities, charitable work, or other activities allowable. Most often, business entities are formed to sell a product or a service. There are many types of business entities defined in the legal systems of various countries. These include corporations, cooperatives, partnerships, sole traders, limited liability company and other specifically permitted and labelled types of entities. The specific rules vary by country and by state or province
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Chairman
The chairperson (also chair, chairman, or chairwoman) is the presiding officer of an organized group such as a board, committee, or deliberative assembly
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Mass Media
The mass media is a diversified collection of media technologies that reach a large audience via mass communication. The technologies through which this communication takes place include a variety of outlets. Broadcast media
Broadcast media
transmit information electronically, via such media as film, radio, recorded music, or television. Digital media
Digital media
comprises both Internet
Internet
and mobile mass communication. Internet
Internet
media comprise such services as email, social media sites, websites, and Internet-based radio and television. Many other mass media outlets have an additional presence on the web, by such means as linking to or running TV ads online, or distributing QR Codes in outdoor or print media to direct mobile users to a website
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Country Life (magazine)
A country is a region that is identified as a distinct national entity in political geography. A country may be an independent sovereign state or one that is occupied by another state, as a non-sovereign or formerly sovereign political division, or a geographic region associated with sets of previously independent or differently associated people with distinct political characteristics
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Subsidiary
A subsidiary, subsidiary company or daughter company[1][2][3] is a company that is owned or controlled by another company, which is called the parent company, parent, or holding company.[4][5] The subsidiary can be a company, corporation, or limited liability company. In some cases it is a government or state-owned enterprise. In some cases, particularly in the music and book publishing industries, subsidiaries are referred to as imprints. In the United States
United States
railroad industry, an operating subsidiary is a company that is a subsidiary but operates with its own identity, locomotives and rolling stock
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Division (business)
A division of a business, sometimes called a business sector, is one of the parts into which a business, organization or company is divided.[1] The divisions are distinct parts of that business. If these divisions are all part of the same company, then that company is legally responsible for all of the obligations and debts of the divisions. However, in a large organization, various parts of the business may be run by different subsidiaries, and a business division may include one or many subsidiaries. Each subsidiary is a separate legal entity owned by the primary business or by another subsidiary in the hierarchy. Often a division operates under a separate name and is the equivalent of a corporation or limited liability company obtaining a fictitious name or "doing business as" certificate and operating a business under that fictitious name. Companies often set up business units to operate in divisions prior to the legal formation of subsidiaries. Generally, only an "entity", e.g
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Parent Company
A parent company is a company that owns enough voting stock in another firm to control management and operation by doing and influencing or electing its board of directors
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Equity (finance)
In accounting, equity (or owner's equity) is the difference between the value of the assets and the value of the liabilities of something owned. It is governed by the following equation: equity = assets value − liabilities displaystyle text equity = text assets value - text liabilities For example, if someone owns a car worth $15,000 (an asset), but owes $5,000 on a loan against that car (a liability), the car represents $10,000 of equity. Equity can be negative if liabilities exceed assets. Shareholders' equity (or stockholders' equity, shareholders' funds, shareholders' capital or similar terms) represents the equity of a company as divided among shareholders of common or preferred stock. Negative shareholders' equity is often referred to as a shareholders' deficit. Alternatively, equity can also refer to a corporation's share capital (capital stock in American English)
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Asset
In financial accounting, an asset is any resource owned by the business. Anything tangible or intangible that can be owned or controlled to produce value and that is held by a company to produce positive economic value is an asset. Simply stated, assets represent value of ownership that can be converted into cash (although cash itself is also considered an asset).[1] The balance sheet of a firm records the monetary[2] value of the assets owned by that firm. It covers money and other valuables belonging to an individual or to a business.[1] One can classify assets into two major asset classes: tangible assets and intangible assets
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Net Income
In business and accounting, net income (also total comprehensive income, net earnings, net profit, bottom line, sales profit, or credit sales) is a measure of the profitability of a venture. It is an entity's income minus cost of goods sold, expenses (e.g., SG&A), depreciation & amortization, interest, and taxes for an accounting period.[1] It is computed as the residual of all revenues and gains over all expenses and losses for the period,[2] and has also been defined as the net increase in shareholders' equity that results from a company's operations.[3] It is different from the gross income, which only deducts the cost of goods sold. For households and individuals, net income refers to the (gross) income minus taxes and other deductions (e.g., mandatory pension contributions). It is usually the basis to calculate how much income tax is owed
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Earnings Before Interest And Taxes
In accounting and finance, earnings before interest and taxes (EBIT) is a measure of a firm's profit that includes all incomes and expenses (operating and non-operating) except interest expenses and income tax expenses.[1][2] Operating income and operating profit are sometimes used as a synonym for EBIT when a firm does not have non-operating income and non-operating expenses.[3]Contents1 Formulae 2 Overview 3 Earnings before taxes 4 See also 5 ReferencesFormulae[edit] EBIT = Net income
Net income
+
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United States Dollar
The United States
United States
dollar (sign: $; code: USD; also abbreviated US$ and referred to as the dollar, U.S. dollar, or American dollar) is the official currency of the United States
United States
and its territories per the United States
United States
Constitution since 1792. In practice, the dollar is divided into 100 smaller cent (¢) units, but is occasionally divided into 1000 mills (₥) for accounting. The circulating paper money consists of Federal Reserve
Federal Reserve
Notes that are denominated in United States dollars (12 U.S.C. § 418). Since the suspension in 1971[4] of convertibility of paper U.S. currency into any precious metal, the U.S. dollar is, de facto, fiat money.[5] As it is the most used in international transactions, the U.S
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President (corporate Title)
The President is a leader of an organization, company, community, club, trade union, university or other group. In many organizations, it is the legally recognized highest "titled" corporate officer, ranking above the various Vice Presidents (e.g. Senior Vice President and Executive Vice President). The president may also be the chairperson. The relationship between the president and the Chief Executive Officer varies, depending on the structure of the specific organization. In a similar vein to the Chief Operating Officer, the title of corporate President as a separate position (as opposed to being combined with a "C-Suite" designation, such as "President and Chief Executive Officer" or "President and Chief Operating Officer") is also loosely defined. The powers of the president vary widely across organizations and such powers come from specific authorization in the bylaws (e.g
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Chief Executive Officer
The chief executive officer (CEO)[1] or just chief executive (CE), is the most senior corporate, executive, or administrative officer in charge of managing an organization – especially an independent legal entity such as a company or nonprofit institution. CEOs lead a range of organizations, including public and private corporations, non-profit organizations and even some government organizations (notably Crown corporations). The CEO of a corporation or company typically reports to the board of directors and is charged with maximizing the value of the entity,[1] which may include maximizing the share price, market share, revenues or another element
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United States
Coordinates: 40°N 100°W / 40°N 100°W / 40; -100 United States
United States
of America Flag Coat of arms Motto: "In God
God
We Trust"[1][a] .mw-parser-outpu
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