Time Inc. UK (formerly International Publishing Corporation and IPC Media), a wholly owned subsidiary of Time Inc., is a consumer magazine and digital publisher in the United Kingdom, with a large portfolio selling over 350 million copies each year.
Time Inc. has been subject to a number of takeovers. In 1998 a company called IPC Magazines Ltd was subject to a management takeover by a venture capitalist group and the company was renamed IPC Media. It was then sold to Time Warner in 2001 who renamed the company Time Inc.
Time Inc. owns many magazines companies such as: NME, World Soccer and Rugby World. This makes Time Inc. a conglomerate as it is a large business which owns may smaller businesses.
The company has 24.9% market share it was released in 2014.
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