TIME

Time Inc. is a publicly traded company on the New York Stock Exchange. Through its 90-plus brands, the company reported $773 million in revenues for the quarterly period ended September 2015, of which $398 million was from advertising and $261 million was from circulation. Ad revenues consisted of $319 million from print and $79 million from digital. For the first nine months of 2015, TIME’s parent company, Time Inc., reported revenues of $2,226 million which was a six-percent decrease.

TIME’s first 32-page-long issue was dated March 3, 1923, offering news "adapted to the needs of the ever-busier reader." Now, more than 90 years since then, TIME magazine says it stays true to its mission, branding itself as "world’s most trusted source for news." TIME features a wide range of topics — from general news on business and politics, to fashion, entertainment, food and fitness. Its current circulation is about 3 million copies per issue.

In January 2015, TIME named 38-year-old Long as its publisher, making her one of the youngest executives in the magazine’s history. She moved into the position after co-leading the sales team for several months. Long began at TIME in 2003 as an account manager, working her way up to become executive director, West Coast, in February 2013.

The first female managing editor for the magazine, Nancy Gibbs stepped into the role in September 2013, after Richard Stengel — who had served as managing editor for 7.5 years — was selected to serve as the undersecretary of state for public diplomacy and public affairs. Gibbs previously served as the deputy managing editor, and is one of TIME’s most published writers in the magazine’s history. She originally joined the publication as a fact-checker in 1985, and has written more TIME cover stories (174) than any other writer. She won a National Magazine Award ‒ magazine journalism’s version of a Pulitzer Prize ‒ for her cover story on the black-bordered special issue about the September 11, 2001, terrorist attacks.

One of the magazine’s editors-at-large, Klein has been the leading political columnist for TIME since 2003, with ‘In the Arena’ ‒ which focuses on national and international affairs ‒ appearing weekly. He is also a regular contributor to TIME’s ’Swampland’ blog. He is criticized for being "a member of the Washington journalistic establishment, where forgetting reality is all too common." Before starting at TIME, Klein served as a Washington correspondent for the New Yorker, a political reporter for Newsweek, and a political columnist for New York magazine. He anonymously wrote ‘Primary Colors,’ a novel based on Bill Clinton’s 1992 presidential primary campaign, which he followed up in 2000 with ‘The Running Mate.’ He has written three other books — two on politics, and a biography of folk musician Woody Guthrie.

Stein writes a weekly humor column for TIME. Stanford University, his alma mater, called him "TIME magazine’s most irreverent writer." In 2012, he was a National Magazine Awards finalist in the columns and commentary category for three of his columns. Several of his pieces have sparked controversy, including one on Indian immigration in his hometown of Edison, New Jersey, in 2010, for which both he and TIME issued apologies. Sen. Bob Menendez (D-New Jersey) and actor Kal Penn, who had just resigned as an associated director in the White House Office of Public Engagement, led the charge against Stein.

Fareed Zakaria, who left Newsweek for TIME in October 2010 to become an editor-at-large, was accused of plagiarizing a TIME column called ’The Case For Gun Control’ in August 2012. Cam Edwards at NRANews.com pointed out to Newsbusters’ Tim Graham that there was a paragraph in the piece that was eerily similar to an April 2012 article by the New Yorker magazine. Zakaria issued an apology, writing, "They are right. I made a terrible mistake. It is a serious lapse and one that is entirely my fault." The magazine also apologized and suspended Zakaria’s column. The suspension ‒ which also went into effect at CNN, where Zakaria hosts a show ‒ only lasted one week, after both outlets performed reviews of his work. The columnist and foreign policy expert left TIME in March 2014, but accusations of plagiarism have continued to follow him.

Editor-at-large Joe Klein butchered a column about proposed changes to US domestic wiretapping laws. He then attempted to fix his mistakes ‒ multiple times ‒ but was still wrong. The series of missteps "moved well beyond farce into an almost pity-inducing realm," Glenn Greenwald wrote for Salon. In his column, Klein attacked House Democrats for their version of electronic surveillance legislation meant to modify the Foreign Intelligence Surveillance Act (FISA) of 1978, saying it would require court approval of individual foreign surveillance targets, which was not the case. Dan Gillmor wrote for the Center for Citizen Media blog that "Klein got some vital facts dead wrong, giving a totally misleading message to his readers," calling the column "shameful ‘journalism." TIME issued an apology and Klein tried to rectify his mistakes. However, his attempts failed because the columnist then committed even more errors, leading to greater confusion. "TIME ought to stop Klein from writing about any substantive topic, especially FISA," Wired’s Ryan Singel wrote. "Because when it comes to these topics, Klein is well beyond stupid. He’s dangerous." Singel also noted that Klein famously ‒ and repeatedly ‒ lied about not being the anonymous author of ’Primary Colors,’ before finally admitting it was his novel.

When President Barack Obama took office, TIME’s Washington bureau chief (and former Moscow bureau chief) Jay Carney left the publication to join the administration, first as communications director for Vice-President Joe Biden (2009-2010), then as White House press secretary (2011-2014). But the magazine continued paying Carney after he joined the Obama team ‒ including a $58,000 bonus and a $212,000 severance package, according to his financial disclosure report. TIME had cut staffers ‒ through buyouts and layoffs ‒ just days before Carney announced his move, but neither he nor the White House would comment on whether his decision (and severance) were related to the downsizing, Politico reported. Carney’s exit was announced in a staff-wide memo without any details of where he was going. TIME broke the story that he would be joining the executive branch on its website that afternoon.

The cover of a 1994 issue featuring the mugshot of OJ Simpson sparked allegations of racism after it was determined that TIME had edited the image, making Simpson’s skin darker. Speaking of the decision to alter the photo, Managing Editor James Gaines said: "The harshness of the mug shot — the merciless bright light, the stubble on Simpson’s face, the cold specificity of the picture — had been subtly smoothed and shaped into an icon of tragedy. The expression on his face was not merely blank now; it was bottomless." Newsweek ran the unedited mugshot on its cover the same week.

How Time darkened OJ Simpson's skin because only dark skinned people commit murder. pic.twitter.com/4LvtW4kyNX

— jesse bernard (@MarvinsCorridor) August 14, 2014

A 1998 cover featuring former President Bill Clinton amid the Monica Lewinsky scandal appeared to show the top of the letter "M" in TIME giving Clinton devil horns. The incident was written off by TIME as an unfortunate placement of the masthead, rather than a deliberate act. This is just one of many "devil horns" issues that have been published throughout the years. Others have featured Russian President Vladimir Putin, evangelist Billy Graham, Bill Gates and George W. Bush, among others.

Time magazine didn't give Clinton a pair of horns on accident pic.twitter.com/sGbY6423kj

— Abigail Apolonio (@abigailabagel) March 19, 2015