The cover price was 15¢ (equivalent to $2.58 in 2022). 1, including all of the articles and advertisements contained in the original, was included with copies of the magazine's issue from February 28, 1938, in commemoration of its 15th anniversary. Cannon, the retired Speaker of the House of Representatives, on its cover a facsimile reprint of Issue No. The first issue of Time featured Joseph G. More recently, Time has incorporated 'People of the Year' issues which grew in popularity over the years. Time set out to tell the news through people, and until the late 1960s, the magazine's cover depicted a single person. He saw Time as important but also fun, which accounted for its heavy coverage of celebrities and politicians, the entertainment industry and pop culture, criticizing it as too light for serious news. Hadden was considered carefree and liked to tease Luce. They changed the name to Time and used the slogan 'Take Time – It's Brief'. They first called the proposed magazine Facts, wanting to emphasize brevity so a busy man could read it in an hour. The two had previously worked together as chairman and managing editor, respectively, of the Yale Daily News. It was the first weekly news magazine in the United States. Time has been based in New York City since its first issue published on March 3, 1923, by Briton Hadden (1898–1929) and Henry Luce (1898–1967). Benioff currently publishes the magazine through the company Time USA, LLC.Ĭover of the first issue of Time (March 3, 1923), featuring U.S. Since 2018, Time has been owned by Salesforce founder Marc Benioff, who acquired it from Meredith Corporation. The South Pacific edition, which covers Australia, New Zealand, and the Pacific Islands, is based in Sydney. An Asian edition ( Time Asia) is based in Hong Kong.

It was first published in New York City on March 3, 1923, and for many years it was run by its influential co-founder, Henry Luce.Ī 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.

For nearly a century, it was published weekly, but starting in March 2020 it transitioned to every other week. Time (stylized in all caps) is an American news magazine based in New York City.

Time magazine layout