From CNBC: 2024-11-01 11:08:40

Greek media company Antenna Group is in talks to acquire Time from Salesforce co-founder Marc Benioff, with early discussions centering around a $150 million price tag. Legacy media companies like Comcast and The Washington Post are facing challenges amid competition from digital-first platforms. Benioff and his wife bought Time from Meredith Corp. in 2018, prioritizing journalistic integrity. Antenna Group nearly acquired Vice Media in 2022 before the company declared bankruptcy.



Read more at CNBC: Marc Benioff in talks to sell Time to Antenna Group