Time, Inc.
March 3, 1923 - 1st issue of Time magazine - 32 pp.
- by H. Luce & B. Hadden in 39th St. brewery
- $86,000 startup cost from Yale grads - Harkness family
- to interpret, personalize, categorize the news
- factual, linear narrative = documentary
- omniscient, opinionated, irreverent, provocative
- vivid style: "tycoon", "pundit", "socialite"
- "backward ran sentences until reeled the mind"
- reader was "the gentleman from Indiana"
- Charles Lindbergh 1st Man of the Year 1927, Wallis Simpson 1st Woman of the Year 1936, Madam and General Chiang Kai-shek Man & Woman of the Year 1937
Feb. 1930 - 1st issue of Fortune magazine - 2lbs., 184 pp.
- to culturally broaden the American businessman
- new emphasis on photojournalism - E. Salomon
Nov. 23, 1936 - 1st issue of Life magazine - "whoop-sheet"
- high-quality picture magazine - fast drying ink
- emphasis on advertisers - to charm & relax masses
- "pass-along" readership of 8:1 - "look-through"
- new emphasis on own staff = Alfred Eisenstadt, Peter Stackpole, Margaret Bourke-White, T. McAvoy
Examples of stories published in Time-Life
- "This is a brain operation"
- FDR signs Brazilian Trade Bill Feb. 2 - McAvoy photos published Feb. 25, 1935
- FDR as "Colossus" Jan. 16, 1939: "Here, in literal fact, the camera lied. ġut it did not deceive."
- Supreme Court Justice George Sutherland Oct. 25, 1937
- Surgeon-General Thomas Parran Aug. 8, 1938
- migrants on the road in Crittenden Co., Ark., by Mydans 1936
- death of Republican soldier 1937
- Picasso's Guernica 1937
- North Carolina party July 5, 1937
- women of Vasser Feb. 1, 1937
- "Clubwomen Get Lessons in Cigaret Smoking"
- "How a Wife Should Not Undress" by Peter Stackpole, who lost negatives in Oakland fire Oct. 20, 1992.
- "The Birth of a Baby" April 11, 1938
- "Speaking of Dictators" April 18, 1938
- Wendell Willkie campaign 1940
Evolution of the Company
- 1954 - 1st issue of Sports Illustrated
- 1964 - Hedely Donovan succeeds Luce as editor-in-chief
- 1968 - Don Hewitt models 60 Minutes on Life magazine
- 1972 - Life dies as a $.50 weekly, but 2 specials per year
- 1974 - 1st issue of People
- 1976 - Time Inc. becomes the 1st billion dolloar publishing company
- 1978 - Life reborn as a $1.50 monthly
- 1980 - HBO (started in 1972) and Cinemax
- 1989 - merger with Warner (DC comix, Mad magazine)
Resources
- view examples of photojournalism at the following links:
Bibliography
- Swanberg, W. A. Luce and His Empire. NY: Scribners, 1972.
- Clurman, Richard M. To the End of Time: The Seduction and Conquest of a Media Empire. NY: Siman and Schuster, 1992, is an account of the 1989 merger of Time and Warners.