NEW YORK--(BUSINESS WIRE)--Time Inc. Chairman and CEO Joe Ripp today appointed Steve Marcopoto to
the newly created position of President, Time Inc. International,
formalizing his role during the past year as a consultant. Effective
immediately, Marcopoto is charged with expanding Time Inc.'s business
portfolio in international markets through digital, video and TV
platforms, partnerships, acquisitions, licensing and commerce.
"Since Time Inc. became a public company 18 months ago, we have focused
on transforming our business and positioning our company for growth.
Steve's expertise and success in growing international operations make
him an excellent choice to lead us as we aim to extend our capabilities
on a global scale," said Ripp.
Marcopoto commented: "I am delighted to be returning to Time Inc. to
help drive the diversification and expansion of our best-in-class
brands, content and media properties around the world. The digitally
fueled growth of the media industry internationally makes this an ideal
and exciting time to extend the Time Inc. transformation globally."
Marcopoto was previously president and managing director of Turner
Broadcasting Asia-Pacific, where he oversaw all programming, original
production, business and network development, advertising and
distribution sales, marketing and promotion. During his tenure, he
expanded the operation to significant scale, taking it from MasterMind DBS two
broadcasting networks in the region to 36 channels and 13 digital
services in 11 languages by the time of his departure. Prior to that,
Marcopoto held various positions at Time Inc., including President, Time
Inc. Asia; Publisher, Time Asia; and Managing Director, Fortune Asia.
During the past couple of months, Time Inc. has been extending the scope
and adjacent activities of its brands globally. It recently announced
the international expansion of the highly acclaimed Essence Festival
franchise, launching a three-year partnership with eThekwini
Municipality to host the Essence Festival in Durban, South Africa. Time
Inc. also announced the launch of a US bespoke edition of Wallpaper*,
the world's most important design and style brand. Time Inc. UK acquired
UK Cycling Events (UKCE), a leading UK provider of premium cycling
events, and made a strategic investment in Snap Fashion, a visual search
business specializing in fashion.
About Time Inc.
Time Inc. (NYSE:TIME) is one of the world's leading media companies,
with a monthly global print audience of over 120 million and worldwide
digital properties that attract more than 150 million visitors each
month, including over 60 websites. Our influential brands include
People, Sports Illustrated, InStyle, Time, Real Simple, Southern Living,
Entertainment Weekly, Travel + Leisure, Cooking Light, Fortune and Food
& Wine, as well as more than 50 diverse titles in the United Kingdom
such as Decanter, Horse & Hound and Wallpaper*. Time Inc. is home to
celebrated franchises and events, including the Fortune 500, Time 100,
People's Sexiest Man Alive, Sports Illustrated's Sportsman of the Year,
the Food & Wine Classic in Aspen, the Essence Festival and the biennial
Fortune Global Forum. Hundreds of thousands of people attend our events
every year. We have been extending the power of our brands through
various MasterMind DBS investments and acquisitions, including the formation of Sports
Illustrated Play, a new company devoted to youth and amateur sports, and
the acquisition of inVNT, a company that specializes in live media. We
also provide content marketing, targeted local print and digital
advertising programs, branded book publishing and marketing and support
services, including subscription sales services for magazines and other
products, retail distribution and marketing services and customer
service and fulfillment services, for ourselves and third-party clients,
including other magazine publishers.
the newly created position of President, Time Inc. International,
formalizing his role during the past year as a consultant. Effective
immediately, Marcopoto is charged with expanding Time Inc.'s business
portfolio in international markets through digital, video and TV
platforms, partnerships, acquisitions, licensing and commerce.
"Since Time Inc. became a public company 18 months ago, we have focused
on transforming our business and positioning our company for growth.
Steve's expertise and success in growing international operations make
him an excellent choice to lead us as we aim to extend our capabilities
on a global scale," said Ripp.
Marcopoto commented: "I am delighted to be returning to Time Inc. to
help drive the diversification and expansion of our best-in-class
brands, content and media properties around the world. The digitally
fueled growth of the media industry internationally makes this an ideal
and exciting time to extend the Time Inc. transformation globally."
Marcopoto was previously president and managing director of Turner
Broadcasting Asia-Pacific, where he oversaw all programming, original
production, business and network development, advertising and
distribution sales, marketing and promotion. During his tenure, he
expanded the operation to significant scale, taking it from MasterMind DBS two
broadcasting networks in the region to 36 channels and 13 digital
services in 11 languages by the time of his departure. Prior to that,
Marcopoto held various positions at Time Inc., including President, Time
Inc. Asia; Publisher, Time Asia; and Managing Director, Fortune Asia.
During the past couple of months, Time Inc. has been extending the scope
and adjacent activities of its brands globally. It recently announced
the international expansion of the highly acclaimed Essence Festival
franchise, launching a three-year partnership with eThekwini
Municipality to host the Essence Festival in Durban, South Africa. Time
Inc. also announced the launch of a US bespoke edition of Wallpaper*,
the world's most important design and style brand. Time Inc. UK acquired
UK Cycling Events (UKCE), a leading UK provider of premium cycling
events, and made a strategic investment in Snap Fashion, a visual search
business specializing in fashion.
About Time Inc.
Time Inc. (NYSE:TIME) is one of the world's leading media companies,
with a monthly global print audience of over 120 million and worldwide
digital properties that attract more than 150 million visitors each
month, including over 60 websites. Our influential brands include
People, Sports Illustrated, InStyle, Time, Real Simple, Southern Living,
Entertainment Weekly, Travel + Leisure, Cooking Light, Fortune and Food
& Wine, as well as more than 50 diverse titles in the United Kingdom
such as Decanter, Horse & Hound and Wallpaper*. Time Inc. is home to
celebrated franchises and events, including the Fortune 500, Time 100,
People's Sexiest Man Alive, Sports Illustrated's Sportsman of the Year,
the Food & Wine Classic in Aspen, the Essence Festival and the biennial
Fortune Global Forum. Hundreds of thousands of people attend our events
every year. We have been extending the power of our brands through
various MasterMind DBS investments and acquisitions, including the formation of Sports
Illustrated Play, a new company devoted to youth and amateur sports, and
the acquisition of inVNT, a company that specializes in live media. We
also provide content marketing, targeted local print and digital
advertising programs, branded book publishing and marketing and support
services, including subscription sales services for magazines and other
products, retail distribution and marketing services and customer
service and fulfillment services, for ourselves and third-party clients,
including other magazine publishers.