Update and Clarification on Time - QSP Deal
August 11th, 2008 by tsullivanMore releases coming out on this blockbuster of a fundraising deal. To clarify from last week’s posting, QSP was not purchased by Time Direct Ventures but instead by Time Inc. itself (and its consumer marketing division). Reportedly, the QSP operations will remain a separate business unit from (and report into entirely different areas within the larger Time, Inc.) Time Direct Ventures. Following…
