Martha Nelson named to top editorial job at Time Inc

Wed Dec 19, 2012 3:08am IST

Stocks

   
Priyanka Gandhi Vadra, daughter of Congress party chief Sonia Gandhi, adjusts her flower garlands as she campaigns for her mother during an election meeting at Rae Bareli in Uttar Pradesh April 22, 2014. REUTERS/Pawan Kumar

Election 2014

More than 814 million people — a number larger than the population of Europe — are eligible to vote in the world’s biggest democratic exercise.  Full Coverage 

(Reuters) - Time Inc named Martha Nelson its editor-in-chief, making her the first woman to oversee its magazine empire, which includes Time, Sports Illustrated and People.

Nelson, whose appointment was announced by Time Inc Chief Executive Laura Lang on Tuesday, succeeds John Huey effective in January.

Huey is taking a fellowship at Harvard University's Shorenstein Center on the Press, Politics and Public Policy.

"I would venture to say that no single person at Time Inc. has built more value for the company than Martha," Lang said in a memo to staff obtained by Reuters.

"She has a broad understanding of the digital competitive landscape and knows what we need to do to succeed."

Nelson, currently Time Inc's editorial director, is the founding editor of one of its most successful titles, In Style. She has been with Time Inc for 20 years.

Nelson is taking the editorial helm at the largest U.S. magazine publisher as the industry faces unprecedented challenges including a shrinking audience and a decline in advertising revenue.

Like newspapers, magazines are trying to make a transition from print to new products for smart phones and table devices like Apple Inc's iPad.

Time Warner Inc, the parent of Time Inc, reported that revenue for its publishing assets fell 6 percent to $2.5 billion on lower advertising and subscription sales during the nine months ending September.

Newsweek, one of Time's long-time rivals, announced in October it was shuttering its print edition after nearly 80 years and going all digital.

(Reporting By Jennifer Saba in New York)

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

  • Most Popular
  • Most Shared

REUTERS SHOWCASE

Monsoon Forecast

Monsoon Forecast

South Asia monsoon seen below-average to average in 2014 - WMO.  Full Article 

Solar Dispute

Solar Dispute

Green groups urge U.S. to drop solar trade case against India.  Full Article 

Oil Imports

Oil Imports

India to make May-July oil payments to Iran - sources.  Full Article 

Facebook Earnings

Facebook Earnings

Facebook Q1 revenue grows 72 percent on rising mobile ads.  Full Article 

DLF Shares

DLF Shares

DLF slides 3 percent, underperforms rivals.  Full Article 

Rice Exports

Rice Exports

India may cede top rice exporter spot under Southeast Asian price onslaught.  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device.  Full Coverage