Time (magazine)

A news magazine and news website headquartered in New York City, Time (stylized in all capitals) is a publication of the American news magazine Time magazine. While it was formerly released once a week, by March 2020, it has been reduced to once every two weeks. When it was originally published in New York City on March 3, 1923, Henry Luce, one of the magazine's important co-founders, was in charge for a number of years. A European edition (Time Europe, formerly known as Time Atlantic) is published in London and also covers the Middle East, Africa, and, since 2003, Latin America. Hong Kong serves as the headquarters for the Time Asia edition. Sydney headquarters serve as the headquarters for the South Pacific edition, which includes Australia, New Zealand, and the Pacific islands. As of December 2008, Time magazine was no longer producing an advertising edition for Canadian businesses and organisations.

3.3 million copies were sold in 2012, making it the 11th-most widely distributed magazine in the United States and second-most widely distributed weekly publication, after People. It had a circulation of 3,028,013 copies in July 2017, however this had been reduced to 2 million copies by the end of that month. With 1.6 million readers, the print version is the most widely read publication in the world, with one million of those readers located in the United States.

Since November 2018, Time has been published by Time USA, LLC, which is owned by Marc Benioff, who purchased the publication from Meredith Corporation. Time was formerly published by New York City-based Time Inc.

Since the publication of the magazine's inaugural issue on March 3, 1923, which was published by Briton Hadden and Henry Luce, Time has had its headquarters in New York City. It was the first weekly news magazine in the United States to be published every week. The two had previously worked together at the Yale Daily News, where they served as chairman and managing editor, respectively. They originally intended to name the planned magazine Facts. They intended to stress conciseness in order for a busy guy to read it in an hour or less. "Take Time - It's Brief," they said, after changing the name of the company to Time. Hadden was known to be careless, and he enjoyed teasing Luce about it. He considered Time to be significant, but also entertaining, which he said accounted for the magazine's extensive coverage of celebrities and politicians, the entertainment industry, and pop culture, which he considered to be too light for serious journalism.